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Trump-Linked Defi Project World Liberty Financial Purchases $47 Million in Wrapped Bitcoin

A decentralized finance (defi) project linked to Donald Trump has acquired $47 million worth of wrapped bitcoin (WBTC), according to blockchain analytics platform Arkham Intelligence. World Liberty Financial Acquires $47…

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WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars

It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has…

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Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding

BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows…

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Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC…

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Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody

Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in…

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