Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
The troubled crypto lender previously paid off loans from Aave and Maker.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IOT3VT4QMFF5XER4UR5FBHI4TY.jpg)
Sponsored
Jul 13, 2022 at 4:21 p.m. UTC
Jul 13, 2022
wbtc
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/NFDYWAOU6RCY7MAP3O2E5SUULE.jpg)
Wrapped Bitcoin’s Supply Has More Than Doubled, but BadgerDAO Hack Exposed Risks of Moving Bitcoin to Ethereum
Higher returns usually come with higher risks.
Sponsored
Dec 6, 2021 at 9:21 p.m. UTC
Dec 6, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IDSBN5ZB6JBCJAQHKZMZ6UP2WM.jpg)
First Mover: Tron's Play for WBTC Shows Competition to Relieve Ethereum Congestion
Competition builds in market for tokenized bitcoin, used to get extra profit off holdings of the cryptocurrency recently denigrated as a "pet rock."
Sponsored
Sep 25, 2020 at 1:08 p.m. UTC
Sep 25, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6VRVJ7TMC5GELAZWKLVWSAGIBY.jpg)
BitGo Is Bringing DeFi-Friendly Wrapped Bitcoin to the Tron Blockchain
The partnership will bring BitGo’s wrapped bitcoin (WBTC) into the Tron ecosystem as a TRC-20 token.
Sponsored
Sep 24, 2020 at 3:06 p.m. UTC
Sep 24, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PTNXLKKLMRABTLVRRBQHWX3INU.jpg)
BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb
Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.
Sponsored
Aug 25, 2020 at 7:03 p.m. UTC
Aug 25, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MY77JQVCOZHTZODAV5WPQAOHFQ.jpg)
Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi
A dull bitcoin market contrasts with increasing use of the cryptocurrency in DeFi applications.
Sponsored
Aug 13, 2020 at 8:36 p.m. UTC
Aug 13, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/EJPAIPARL5HHNOQ3JRLD24TFYE.png)
Nearly $100M in Bitcoin Moved to Ethereum in July, Led by Retail Traders
Over 76% of tokenized bitcoin have been minted by Wrapped Bitcoin.
Sponsored
Aug 1, 2020 at 2:16 p.m. UTC
Aug 1, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/GSLW5R3ZSBEV3EPS26K7VCWNJE.png)
Nearly $60M in Bitcoin Moved to Ethereum in June
Nearly $60 million worth of bitcoins moved to Ethereum during June, 75% of which came through Wrapped Bitcoin.
Sponsored
Jul 7, 2020 at 8:19 p.m. UTC
Jul 7, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/Q3V53AY2D5A7HCKTSHDPTXMXBE.png)
Ethereum Has Become Bitcoin's Top Off-Chain Destination
The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates.
Sponsored
Jun 4, 2020 at 8:00 a.m. UTC
Jun 4, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/QCIHU2GRTRDB5CCWLERGYT7NKQ.jpg)
Why $4M Dai Made From WBTC Matters for DeFi's Maturation
Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.
Sponsored
May 20, 2020 at 7:55 p.m. UTC
May 20, 2020