Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius

Wrapped Bitcoin garnered DeFi traders’ support in the 2021–22 bull season, but the demand started to fade when numerous crypto contagions led to redemptions.

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WBTC depegs from BTC: The fear is real

Bitcoin-backed Wrapped Bitcoin (WBTC) tokens have been trading at a discount compared to their Bitcoin backing ever since the fall of major crypto exchange FTX. Market data provided by Done shows that Wrapped Bitcoin has been consistently trading at a…

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Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum

According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3. 3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has the lion’s share of coins with 115,411 under custody.

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Wrapped crypto tokens contribute to Bitcoin rally

The Bitcoin price has been rallying in recent weeks, and one of the significant...

The post Wrapped crypto tokens contribute to Bitcoin rally appeared first on Coin Journal.

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Bitcoin Investors Swap for Ethereum ‘Wrapped BTC’ to Yield Farm and Chill

Demand for Wrapped Bitcoin has surged as Bitcoin investors seek a private method to gain exposure to DeFi and lend farming.

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Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity

Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5. 9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future.

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На блокчейне Ethereum запущен стейблкоин, обеспеченный биткоином

На блокчейне Ethereum запущен новый токен стандарта ERC-20 под названием Wrapped Bitcoin (WBTC). Это стейблкоин, который, как утверждается, полностью обеспечен биткоином. В запуске проекта приняли такие компании, как Kyber Network, Republic Protocol и BitGo.

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BitGo приняли участие в запуске обеспеченного биткоином стейблкоина на базе Ethereum

На блокчейне Ethereum запущен новый токен стандарта ERC-20 под названием Wrapped Bitcoin (WBTC). Это стейблкоин, который, как утверждается, полностью обеспечен биткоином. В запуске проекта приняли такие компании, как Kyber Network, Republic Protocol и BitGo.

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Wrapped Bitcoin принесет ликвидность Биткоина в экосистему Ethereum

Wrapped Bitcoin (WBTC), токен на базе ERC20, поддерживаемый Биткоинами запущен и теперь доступен для торговли на нескольких платформах и в приложениях. Благодаря его использованию трейдеры смогут получить доступ к большему количеству децентрализованных приложений.

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Wrapped Bitcoin (WBTC) Keeps its Date, now Live on Ethereum

  On January 30, 2019, Wrapped Bitcoin (WBTC) went live on Ethereum blockchain as scheduled. This is a Bitcoin backed ERC20 token aimed at bringing Bitcoin and other cryptocurrencies to the Ethereum mainnet.

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Ethereum-Based ‘Wrapped’ Token Backed by Bitcoin Launches

Wrapped Bitcoin, an Ethereum-based token backed by Bitcoin, has launched today

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The Wrapped Bitcoin Project Has Officially Launched on Ethereum

On Jan. 30, a group of cryptocurrency developers and organizations officially launched a project called Wrapped Bitcoin (WBTC) on the Ethereum network. The ERC20 token is a coin backed by bitcoin core (BTC) reserves and has started trading on several exchange platforms.

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A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

Wrapped BTC (WBTC), an ERC-20 ethereum token collateralized 1-to-1 with bitcoin, is officially live, with about $250,000 worth in circulation.

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Wrapped BTC Goes Live Bringing Bitcoin’s Liquidity to the Ethereum Ecosystem

Wrapped Bitcoin (WBTC), a Bitcoin-backed ERC20 token on the Ethereum blockchain has now gone live and is available for trading on several platforms and applications. Users Can Now Access More DApps With WBTC WBTC is the result of a joint venture by BitGo, Ren (formerly Republic Protocol), Kyber Network, and other community partners.

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Wrapped Bitcoin Launches On Ethereum With $227K Injection

Wrapped Bitcoin (WBTC) has officially launched on Ethereum (ETH), allowing users to make bitcoin-based transactions on a different blockchain. With more than 20 launch partners and approximately 227K worth of WBTC already on the network, the project may be looking to take the lead over its main competitor, Wanchain (WAN).

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На блокчейне Ethereum запущена торговля биткойнами

Накануне, стало известно, что на блокчейне Ethereum запущены токены WBTC (Wrapped Bitcoin), которые позволяют использовать биткойны на децентрализованных биржах (DEX) и в децентрализованных приложениях (DApps).

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Bitcoin [BTC] Price Analysis: Bear Flag Forming for Bitcoin

The week wrapped up with bearish movements yesterday for the cryptocurrency markets. Bitcoin recorded bullish movements on Saturday as it rose above a key resistance level at $3684. However, price failed to close above and fell back below before Saturday’s daily candle finished.

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Does the January Effect Exist in Cryptocurrencies? A Look Back at Bitcoin’s Past January Performances

The start to 2019 has been characterized by an early rise and a sharp-sell off. Many had bullish hopes for 2019 after 2018 wrapped up its bearish year with a price rise. 2019 started with prices rising but this week saw a sharp sell-off occurring across the cryptocurrency market.

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eToro: Preference for Stablecoins as Alternatives to Continue in 2019

The end of 2018 wrapped up what has been one of the worst year’s for the crypto market, with Bitcoin dropping to its lowest levels for the year. But as we enter the first full working week of 2019, what can the market expect throughout the year? With Bitcoin sitting, for now, above the $4,000 […] The post eToro: Preference for Stablecoins as Alternatives to Continue in 2019 appeared first on Coinjournal.

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Bitcoin [BTC] Surges Above $4k But Fails to Surpass Former High

Bitcoin wrapped up last week on a bullish note with a surge that brought price above $4000. A surge in Litecoin of over 10% took place prior to Bitcoin, and other major cryptocurrencies appreciating.

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Ripple’s XRP Latest Wrapped Up: Double Digit Price Ascend

Right after the outstanding gain Yesterday showcased by Litecoin [LTC] against the US Dollar following the LightningNetwork – CoinGate announcement, the market took a turn and now it is welcoming an all green increasing day throughout the crypto-verse.

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Tron Prices in a Higher Low While Outperforming Market Leader Bitcoin

Tron, the smart contract platform which is a key competitor to Ethereum, has outperformed the market leader Bitcoin over the past month. This week wrapped up with extremely bearish movements in the market overall, and Tron also outperformed during this time.

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Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOs

In this edition of Exchanges Roundup, we focus on Ironx, which has just wrapped up a $22. 3 million private sale. We also look at International Digital Currency Markets’ plans to provide solutions for security token offerings, as well as some of the new exchanges opening in Estonia.

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New Wrapped Bitcoin (WBTC) Project to Bring Bitcoin to Ethereum Blockchain

BitGo, Kyber Network and Republic Protocol have joined forces to introduce WBTC - Ethereum-based cryptocurrency backed by Bitcoin.

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BitGo Launches Ethereum-based “Wrapped Bitcoin” for Providing Liquidity to dApps and DEXs

On October 26, 2018, crypto-finance company BitGo announced the launch of Wrapped Bitcoin (WBTC), an ERC20-compliant token built on the Ethereum blockchain and collateralized on a one-to-one basis with bitcoin.

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WBTC will Bring Bitcoin-Backed Tokens to Ethereum

A new project called Wrapped Bitcoin (WBTC) will soon allow Bitcoin-backed tokens to be circulated on Ethereum. The token’s release has been scheduled for January 2019. WBTC will combine the strengths of two leading coins.

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Новый токен на базе ETH будет подкреплён биткоином

Американская компания BitGo анонсировала разработку новой монеты на базе экосистемы эфира. Говорится, что новый токен будет обеспечен биткоином. В анонсе указано, что Wrapped Bitcoin  станет тем самым необходимым «мостом» между двумя ведущими монетами.

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BitGo Hopes You’re Hungry For A Bitcoin Wrap on the Ethereum Blockchain

BitGo yesterday announced Wrapped Bitcoin, an ERC20 token on the Ethereum blockchain, fully backed by bitcoin. The project, in partnership with Kyber Network and Republic Protocol, will launch in January 2019.

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BitGo Hopes You’re Hungry For A Bitcoin Wrappred in Ethereum

BitGo yesterday announced Wrapped Bitcoin, an ERC20 token on the Ethereum blockchain, fully backed by bitcoin. The project, in partnership with Kyber Network and Republic Protocol, will launch in January 2019.

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BitGo and Kyber Create BTC-backed Ethereum-Based Wrapped Bitcoin Tokens (WBTC)

A new token could soon be launched on the Ethereum (ETH) network. This information could not sound very exciting since there are many tokens being launched on Ethereum every single week. However, this token will be backed 1:1 by Bitcoin and will be launched in January. In order to make this possible, the companies Kyber […]

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Wrapped Bitcoin: Bitcoin-backed ERC20 Token Coming Early 2019

Dark pool platform Republic Protocol has teamed with crypto custodian BitGo and decentralized liquidity pool Cyber Network to launch a Bitcoin-backed ERC20 token on the Ethereum blockchain. The announcement was made Friday by Republic Protocol CEO Taiyang Zhang via a company Medium post, and has a lot of people in the crypto space already buzzing.

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Wrapped BTC Is Coming to Ethereum

BTC is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will introduce ”BTC-backed” WBTC, with the W standing for “wrapped.

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Wrapped Bitcoin Is Coming to Ethereum

BTC is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will introduce ”BTC-backed” WBTC, with the W standing for “wrapped.

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BitGo, Crypto Startups To Put Bitcoin (BTC) On Ethereum Blockchain

Meet Wrapped Bitcoin, BTC On The Ethereum Blockchain Although it is clear that the creation of Bitcoin indirectly parented the Ethereum project, arguably the second-most successful blockchain, moves have recently been made to develop BTC-backed, Ethereum-based tokens, which is an abstract concept in and of itself.

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Bitcoin-Backed Token Coming To Ethereum

The “wrapped bitcoin” token was developed by BitGo, Kyber, and Republic Protocol.

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BitGo и Kyber Network запустят обеспеченный биткоином токен на блокчейне Ethereum

В январе 2019 года ведущая в области биткоин-безопасности компания и провайдер популярного криптовалютного кошелька BitGo в партнерстве с разработчиками платформы Kyber Network и Republic Protocol запустят полностью обеспеченный биткоином токен Wrapping Bitcoin (WBTC) на блокчейне Ethereum.

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WBTC: Wrapped Bitcoin Project Aims To Bridge BTC And Ethereum

A gulf separates the Bitcoin (BTC) and Ethereum (ETH) networks. Although many investors hold both assets, they have so far been unable to use them together in any meaningful way. A new initiative now wants to enable traders to get as close as they can to using bitcoin on the Ether network, gaining access to […] The post WBTC: Wrapped Bitcoin Project Aims To Bridge BTC And Ethereum appeared first on Crypto Briefing.

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BitGo leads Wrapped Bitcoin (WBTC) initiative to bring Bitcoin and Ethereum together

CryptoNinjas The Wrapped Bitcoin (WBTC) initiative, led by blockchain asset security company BitGo, Kyber Network, and Republic Protocol organizes with the aim to bring Bitcoin and Ethereum together The WBTC will launch as a fully backed Bitcoin ERC20 token on.

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The TEAMZ “Exploring the Gate of the Future” themed blockchain summit officially ended successfully during the Tokyo Blockchain Summit week.

On September 30, 2018 the TEAMZ Blockchain Summit hosted by TEAMZ along with gold star sponsors Terrada Warehouse and Nevula wrapped up successfully during the Tokyo Blockchain Summit Week co-hosted by KEX.

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Ripple’s CEO says XRP is 1000x faster and cheaper than Bitcoin

The Swell 2018 conference was just held in San Francisco and Ripple’s CEO Brad Garlinghouse spoke about the company’s future, XRP’s value, and the impact of the highly anticipated and newly implemented xRapid.

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US Confiscates Millions in Cryptocurrencies in Alphabay Forfeiture Case

This month the US District Court of Eastern California has been very busy dealing with cases involving the infamous and now defunct darknet marketplace the Alphabay. The Federal courthouse in Fresno just recently wrapped up the forfeiture case involving the alleged Alphabay leader Alexandre Cazes.

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Bitcoin Finds its Way to Walmart Store Shelves

Bitcoin is entering the stores of American retail giant Walmart, but for now it is available only in the form of chocolate candy wrapped in a gold foil. The post Bitcoin Finds its Way to Walmart Store Shelves appeared first on CoinSpeaker.

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Top Management for International Blockchain Capital (IBC) Joins Hada DBank Esteemed Board of Advisors and Strategic Partners

Bitcoin Press Release: Top Management figures His Excellency Khurram Shroff and Mohammed Arif Ansari of International Blockchain Capital (IBC) have Joined Hada DBank Esteemed Board of Advisors and Strategic Partners.

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