Wrapped Bitcoin

ForkLog 53 06.03.2025

World Liberty Financial Expands Crypto Holdings Ahead of Summit

On the eve of the White House crypto summit, the DeFi project of the Trump family, World Liberty Financial (WLFI), acquired ETH, WBTC, and MOVE. Analysts from the Nansen platform noted this development. Hours ago, Trump’s project @worldlibertyfi made a $25M crypto play $10M $ETH$10M $WBTC$1.5M $MOVE More to come? pic.twitter.com/lQY56l88hO — Nansen ? (@nansen_ai) […]

AI translated

ForkLog 9 18.12.2024

Coinbase Cites Justin Sun Concerns in WBTC Delisting Decision

The delisting of WBTC was deemed a necessary measure to protect Coinbase and its users from risks associated with the project’s ties to Tron founder Justin Sun. This was stated by the exchange’s lawyers on December 17, as per their announcement. According to the platform’s latest arguments, the issue lies in the token’s connection to […]

AI translated

ForkLog 11 20.11.2024

Coinbase to Delist WBTC Amid Launch of Its Own Wrapped Bitcoin

The cryptocurrency exchange Coinbase has announced the cessation of trading in Wrapped Bitcoin (WBTC) on December 19. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12pm ET. — […]

AI translated

ForkLog 63 13.09.2024

Sky Proposes Removal of WBTC from Ecosystem

The Sky team (formerly MakerDAO) has proposed excluding BitGo’s “wrapped” bitcoin, WBTC, from the list of assets available for collateral in the ecosystem, due to concerns about the token’s close ties with Justin Sun. The removal of the tokenized version of bitcoin from the decentralized liquidity protocol SparkLend and Legacy Vault Types will occur in […]

AI translated

ForkLog 9 16.08.2024

MakerDAO Halts New Loans Backed by Wrapped Bitcoin

The MakerDAO community has approved a proposal to cease issuing new loans backed by BitGo’s Wrapped Bitcoin (WBTC). This was reported by The Block. The decision involves reducing the debt ceiling of the token to zero, effectively blocking any new borrowings using the asset as collateral. The changes will not affect existing loans backed by […]

AI translated

ForkLog 18 14.08.2024

Coinbase Hints at Launch of ‘Wrapped’ Bitcoin

Cryptocurrency exchange Coinbase has announced the potential launch of a product called cbBTC. Commentators speculated that this refers to its own version of ‘wrapped’ Bitcoin. Coming soon. — Coinbase ?️ (@coinbase) August 14, 2024 The platform added only the word “soon” to its very succinct message. Almost simultaneously, Jesse Pollak, head of the Coinbase-supported Ethereum […]

AI translated

ForkLog 27 12.08.2024

BitGo Partners with Justin Sun and TRON to Expand WBTC Custody

Custodial platform BitGo has expanded the jurisdictions for storing bitcoin used in Wrapped Bitcoin (WBTC) to Singapore and Hong Kong. This development follows a strategic partnership with TRON-affiliated firm BiT Global. BitGo is pleased to announce the move of its WBTC business to the world’s first multi-jurisdictional and multi-institutional custody via a unique partnership and […]

AI translated

ForkLog 11 27.11.2022

WBTC and stETH Lose Pegs to Underlying Assets

Against the backdrop of the collapse of the FTX exchange and Alameda Research, Wrapped Bitcoin (WBTC) and stETH from Lido's liquid staking service have lost parity with Bitcoin and Ethereum, respectively.

AI translated

ForkLog 21 22.06.2022

What is a wrapped token?

What are wrapped tokens for? Which ones exist? Where are WBTC and WETH used? Explained in cards.

AI translated

ForkLog 5 22.06.2021

Currency.com adds SUSHI, WBTC and 17 other tokens to its listing

The regulated cryptocurrency exchange Currency.com has added support for 17 DeFi and ICO tokens, as well as two stablecoins.

AI translated

ForkLog 4 08.06.2021

Users sent 1% of all Bitcoin to the WBTC protocol

The total amount of Bitcoin locked in the DeFi protocol Wrapped Bitcoin (WBTC) has reached 187,610. That’s 1% of the total circulating supply of the first cryptocurrency.

AI translated

ForkLog 16 22.02.2021

WBTC, renBTC and HBTC — What Bitcoin on Ethereum Is and Why It Matters

The tokenised Bitcoin segment is growing rapidly. Projects like WBTC and renBTC have long since secured listings on major exchanges and have become familiar to many users.

AI translated

#Wrapped Bitcoin