WBTC
DeFi News
WBTC Depeg Has DeFi Community On Edge
BitGo COO Assures Investors that WTBC Reserves Can Be Verified On-Chain
DeFi News
Arrival of Futures ETFs Stokes Bitcoin in DeFi
Bitcoin in decentralized finance has been surging since speculation strengthened that the U.S. Securities and Exchange Commission would finally approve an exchange-traded fund to invest in the world’s largest cryptocurrency. BTC deposited into Ethereum’s DeFi ecosystem as shown on DeFi Pulse’s “Bitcoin at Work” page, jumped 2% to 284,331 BTC since Oct. 14, when one…
DeFi News
Twitter's Jack Dorsey Announces DeFi on Bitcoin Project
Jack Dorsey, the Twitter CEO and Bitcoin enthusiast, wants to bring decentralized finance onto the OG cryptocurrency protocol. On July 15, Dorsey announced that his financial services and digital payments company, Square, is creating a new business focused on bringing non-custodial, permissionless DeFi services to Bitcoin. The new company, which is called “TBD” (just like…
DeFi News
1% of Bitcoin Supply is Now Wrapped onto Ethereum
They just couldn’t resist. Many Bitcoin diehards disdain other digital tokens but when it comes to capturing yields it’s hard not to embrace Ethereum’s DeFi ecosystem. With wrapped Bitcoin’s total supply at 187,610, the leading form of Bitcoin on Ethereum constitutes over 1% of BTC’s overall supply which stands at 18.729M at the time of…