What Is Wrapped Bitcoin (wBTC) and Why We Need It
What Is wBTC (Wrapped Bitcoin)? wBTC is a tokenized version of Bitcoin, created as a solution to enable Bitcoin to be used in decentralized finance (DeFi) applications. Key Takeaways ...
Court gives Coinbase the green light to delist Wrapped Bitcoin (WBTC)
A US federal judge has allowed Coinbase to delist WBTC despite BiT Global’s objections. Judge Martínez-Olguín denied BiT Global’s TRO, citing lack of evidence of harm. Despite the delisting and…
Coinbase will delist Wrapped Bitcoin (WBTC) next month
Coinbase will delist WBTC on December 19, 2024, due to unmet listing criteria. WBTC will be moved to limit-only mode, with withdrawals still accessible. Coinbase’s cbBTC, launched in September, has…
Threshold community proposes merger to safeguard WBTC amid growing concerns
Threshold community proposes merging tBTC with WBTC. The proposal is driven by concerns over WBTC’s stability due to Justin Sun’s involvement. According to the proposal, BitGo will receive T tokens,…
Whale accumulates $118M in Wrapped Bitcoin (WBTC) amid controversy
The whale acquired 347 Wrapped Bitcoin (WBTC) within just 12 hours on August 19. BitGo plans to transfer control of WBTC to a joint venture involving itself, BiT Global, and…