6 Articles 2 Followers
9 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
DeFi project BoringDAO has raised $1.5 million to bring at least 1 million Bitcoin (BTC) to the DeFi space, according to a press release published on October 8. Scheduled for launch sometime in October, the team describes their overall goal as want...
8 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan
The total of Wrapped Bitcoin (wBTC) on Ethereum has crossed $1 billion, according to data from DeFi Pulse as of October 8. At the same time, another form of tokenized bitcoin, tBTC, has had 931 ETH liquidated due to a signer timeout issue. Wrapped B...
6 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
On October 5, Chainlink (LINK) announced that the Ren (REN) protocol will use its proof-of-reserve solution to improve the transparency and auditability of cross-chain assets. RenVM will use the Proof-of-Reserve to audit its cross-chain assets; init...
23 Sep 2020 1 minute read 4 comments Abhimanyu Krishnan
Thesis founder Matt Luongo announced on September 23 that the Keep Network had released what he believes is the first permissionless, censorship-resistant Bitcoin (BTC) bridge on Ethereum (ETH). Users can deposit BTC and mint tBTC on Ethereum, a tok...
18 Sep 2020 1 minute read 2 comments Abhimanyu Krishnan
The total number of Bitcoin (BTC) on Ethereum (ETH) has crossed over $1 billion, as wrapped Bitcoin and other forms of tokenized Bitcoin increase in popularity with the advent of DeFi goldrush. There is currently 99,347 BTC on Ethereum as of Septemb...
20 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan
The price of the REN token has hit an all-time on August 18, and continues a remarkable rise that began in late July 2020. REN hit an all-time of $0.56 on August 18; price at the time of publishing is ~$0.47 REN is a part of RenVM, an open protocol...
