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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…

Coinbase’s wrapped Bitcoin token cbBTC goes live

Coinbase launches cbBTC, an ERC20 token backed 1:1 by Bitcoin in its custody. cbBTC allows BTC holders to access DeFi apps like Aave, Compound, and MakerDAO. Over 843,783 Bitcoins back…

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…

What is Wrapped Bitcoin, and why should you be interested?

Wrapped Bitcoin (WBTC) is an ERC-20 token representing Bitcoin that can be swapped with BTC on a 1:1 basis. The digital asset was created to allow Ethereum developers to use…

Theta upgrade adds support for wrapped THETA (wTHETA)

The Theta v3.4.0 upgrade completed successfully at block height 17285755. The software change enabled… The post Theta upgrade adds support for wrapped THETA (wTHETA) appeared first on CoinJournal.