WBTC
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DeFi News
BitGo-Chainlink-LINK-WBTC
DeFi News

BitGo Uses Chainlink (LINK) Oracle Network for On-Chain Auditing of WBTC

BitGo, the institutional digital asset and custodial platform, has adopted oracle network Chainlink (LINK) for cross-chain auditing of wrapped Bitcoin (WBTC). Over the last year, BitGo has bridged over $1 billion on Ethereum in form of WBTC indicating a clear surge in demand for cross-chain crypto assets within the DeFi space. For enhanced auditability and

BitGo, the institutional digital asset and custodial platform, has adopted oracle network Chainlink (LINK) for cross-chain auditing of wrapped Bitcoin (WBTC). Over the last year, BitGo has bridged over $1 billion on Ethereum in form of WBTC indicating a clear surge in demand for cross-chain crypto assets within the DeFi space. For enhanced auditability and

DeFi News
DeFi News

Lightning Vs WBTC, Is It Game Over For Bitcoin Lightning Network?

Lightning Network that was launched with the hope of enabling instant payments and scaling Bitcoin to handle millions to billion of transactions per second across the network. However, currently the Lightning Network appeared to be losing pace, especially when compared to Wrapped Bitcoin.  Lightning vs WBTC The total value of Bitcoin locked in Ethereum via

Lightning Network that was launched with the hope of enabling instant payments and scaling Bitcoin to handle millions to billion of transactions per second across the network. However, currently the Lightning Network appeared to be losing pace, especially when compared to Wrapped Bitcoin.  Lightning vs WBTC The total value of Bitcoin locked in Ethereum via

Coinbase crashed
Altcoin News
Coinbase crashed
Altcoin News

Coinbase Announces 19 New Cryptocurrencies for Tentative Listing

Leading crypto exchange, Coinbase, announces a list of 19 cryptocurrencies which are currently under consideration for listing. The exchange management is reviewing the following cryptocurrencies, These new assets include, in alphabetical order: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph, THETA,

Leading crypto exchange, Coinbase, announces a list of 19 cryptocurrencies which are currently under consideration for listing. The exchange management is reviewing the following cryptocurrencies, These new assets include, in alphabetical order: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph, THETA,

Ethereum
Bitcoin News
Ethereum
Bitcoin News

Ethereum Beats Lightning and Liquid in the Race for Bitcoin [BTC] On-boarding

Ethereum is taking over the second layer implementation of Bitcoin [BTC] leaving Liquid and Lightning Network behind.  Liquid’s L-BTC and Ethereum’s wBTC works on similar principles of issuing an extension of Bitcoin as a separate token. While Liquid claims to lock the tokens on-chain, wBTC is stored at Bitgo Trust.  Reportedly, the Liquid Network Federation

Ethereum is taking over the second layer implementation of Bitcoin [BTC] leaving Liquid and Lightning Network behind.  Liquid’s L-BTC and Ethereum’s wBTC works on similar principles of issuing an extension of Bitcoin as a separate token. While Liquid claims to lock the tokens on-chain, wBTC is stored at Bitgo Trust.  Reportedly, the Liquid Network Federation

Defi
DeFi News
Defi
DeFi News

Why DeFi aka Decentralized Finance Is a Must Know Crypto Trend For Every Finance Professional?

Decentralized Finance, popularly known as DeFi, is another disruptive application of blockchain technology enabling more people across the globe to access financial services. It refers to digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on blockchain technology, more specifically, Ethereum. In this blog, we will explore the following aspects of DeFi

Decentralized Finance, popularly known as DeFi, is another disruptive application of blockchain technology enabling more people across the globe to access financial services. It refers to digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on blockchain technology, more specifically, Ethereum. In this blog, we will explore the following aspects of DeFi

WBTC
Bitcoin News
WBTC
Bitcoin News

Wrapped Bitcoin brings powers of Bitcoin and ERC20 tokens together

The joint effort by Kyber Network (KNC), Republic Protocol (REN) and BitGO seems to be working well as the teams together announced the launch WBTC – or Wrapped Bitcoin. WBTC is a proposed ERC-20 token which is backed up by ‘physical’ reserves of BTC and will be expected to remain tethered to Bitcoin’s value.  

The joint effort by Kyber Network (KNC), Republic Protocol (REN) and BitGO seems to be working well as the teams together announced the launch WBTC – or Wrapped Bitcoin. WBTC is a proposed ERC-20 token which is backed up by ‘physical’ reserves of BTC and will be expected to remain tethered to Bitcoin’s value.