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defi
DeFi News
defi
DeFi News

DeFi Success Story Continues as TVL Peaks Yet Again; Hits $12 Billion

Ketaki Dixit October 22, 2020

The Paypal news triggered massive bullish momentum for Bitcoin which broke above $13k and climbed to levels not seen since last year. This was followed by the rest of the cryptocurrency market following suit which also soared to fresh highs. But the bullish sentiment was not limited to just the cryptocurrency ladder. The optimistic sentiment

The Paypal news triggered massive bullish momentum for Bitcoin which broke above $13k and climbed to levels not seen since last year. This was followed by the rest of the cryptocurrency market following suit which also soared to fresh highs. But the bullish sentiment was not limited to just the cryptocurrency ladder. The optimistic sentiment

Polkadot Bitcoin
Bitcoin News
Polkadot Bitcoin
Bitcoin News

Polkadot’s First Trustless Wrapped Bitcoin PolkaBTC Coming in Early 2021

Bhushan Akolkar October 15, 2020

In a step towards creating a truly interoperable blockchain ecosystem, cross-chain bridge service provide Interlay has joined hands with Polkadot to bring the platform’s first trustless wrapped Bitcoin PolkaBTC by early 2021. PlkaBTC is nothing but an official bridge between Bitcoin and Polkadot blockchains. The entire project is entirely funded by Polkadot’s parent Web 3

In a step towards creating a truly interoperable blockchain ecosystem, cross-chain bridge service provide Interlay has joined hands with Polkadot to bring the platform’s first trustless wrapped Bitcoin PolkaBTC by early 2021. PlkaBTC is nothing but an official bridge between Bitcoin and Polkadot blockchains. The entire project is entirely funded by Polkadot’s parent Web 3

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

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

Bhushan Akolkar October 1, 2020

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

Ethereum
Bitcoin News
Ethereum
Bitcoin News

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

Nivesh Rustgi July 30, 2020

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