wBTC

Wrapped Bitcoin Trades at Discount After FTX's Collapse
Wrapped Bitcoin Trades at Discount After FTX's Collapse
Wrapped bitcoin (WBTC), a clone of bitcoin (BTC), has traded at a discount to BTC's price since crypto exchange FTX filed for bankruptcy protection on Nov. 11. "All About Bitc...
Wrapped Bitcoin Trades at Discount After FTX's Collapse

(Piaras Ó Mídheach/Web Summit via Sportsfile)
Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
The troubled crypto lender previously paid off loans from Aave and Maker.
(Piaras Ó Mídheach/Web Summit via Sportsfile)

BitGo CEO Talks Bitcoin, Crypto Regulation, WBTC
BitGo CEO Talks Bitcoin, Crypto Regulation, WBTC
Over the past 30 days, bitcoin is up about 40%, trading at just below $50,000, although it is likely to face resistance towards the $55,000 mark. Mike Belshe, CEO of crypto cu...
BitGo CEO Talks Bitcoin, Crypto Regulation, WBTC

Bitcoin has been likened to a "pet rock," but tokenization allows it to be deposited for interest in DeFi applications on the Ethereum blockchain - and now Tron too.
First Mover: Tron's Play for WBTC Shows Competition to Relieve Ethereum Congestion
Competition builds in market for tokenized bitcoin, used to get extra profit off holdings of the cryptocurrency recently denigrated as a "pet rock."
Bitcoin has been likened to a "pet rock," but tokenization allows it to be deposited for interest in DeFi applications on the Ethereum blockchain - and now Tron too.

Tron founder Justin Sun
BitGo Is Bringing DeFi-Friendly Wrapped Bitcoin to the Tron Blockchain
The partnership will bring BitGo’s wrapped bitcoin (WBTC) into the Tron ecosystem as a TRC-20 token.
Tron founder Justin Sun

(Jacob Meves/Unsplash)
BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb
Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.
(Jacob Meves/Unsplash)

CoinDesk 20 Bitcoin Price Index
Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi
A dull bitcoin market contrasts with increasing use of the cryptocurrency in DeFi applications.
CoinDesk 20 Bitcoin Price Index

Monthly tokenized bitcoin supply growth since January 2020
Nearly $100M in Bitcoin Moved to Ethereum in July, Led by Retail Traders
Over 76% of tokenized bitcoin have been minted by Wrapped Bitcoin.
Monthly tokenized bitcoin supply growth since January 2020

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Nearly $60M in Bitcoin Moved to Ethereum in June
Nearly $60 million worth of bitcoins moved to Ethereum during June, 75% of which came through Wrapped Bitcoin.
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