Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain
Tweets from the crypto exchange and Jesse Pollak, the creator of Base, suggest cbBTC could run on the layer-2 blockchain.
Blockchain Project Interlay Wants its New Platform to Become a ‘One-Stop-Shop for Bitcoin DeFi’
“We've only seen the tip of the iceberg with bitcoin DeFi today,” said Interlay CEO and Co-founder Alexei Zamyatin in an exclusive interview with CoinDesk.
Wrapped Bitcoin Token Goes Live on Cardano Testnet
The anetaBTC project aims to attract bitcoin liquidity to the Cardano ecosystem.
Wrapped Bitcoin Trades at Discount After FTX's Collapse
Wrapped bitcoin (WBTC), a clone of bitcoin (BTC), has traded at a discount to BTC's price since crypto exchange FTX filed for bankruptcy protection on Nov. 11. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.
Wrapped Bitcoin Trades at Discount Amid Market Contagion
WBTC’s discount dropped to as low as 1.5% as questions swirled over whether the token is fully backed. Custodian BitGo clarified that it is.
Solana’s Wrapped Bitcoin Price Craters, Recovers After FTX Shuts Exit Ramp
FTX filed for bankruptcy and FTX US later froze withdrawals, before reversing course.
Inside the $3B DeFi Exploit of Acala's Crypto Platform
The exploit of one of Acala's liquidity pools demonstrates how easily billions of dollars can be siphoned from DeFi platforms, potentially wreaking havoc on an entire industry in a matter of minutes.
Polkadot Now Has a Decentralized Version of 'Wrapped' Bitcoin
Interlay introduces a decentralized and trustless wrapped bitcoin bridge for DeFi users on Polkadot who are wary of third-party custodians and merchants.
Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize
The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.
Binance Upgrades Blockchain Bridge to Connect DeFi and CeFi
The firm behind the exchange is continuing its infrastructure push.
