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Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger

Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to…

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Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives

The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded…

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Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.

Continue ReadingAlameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO