Wrapped Bitcoin (WBTC)

61 Articles 4 Followers


Wrapped Bitcoin, Bitcoin on Ethereum What is It? A Defi Protocol Explained

13 Sep 2020 1 minute read 2 comments bobby d!gital

Bitcoin on Ethereum is growing at an explosive rate despite the price drops in both coins.  What exactly is WBTC and how does it work? This is a quick rundown of this new trend and some of the concerns involved. BTC to Ethereum is up 37% this month a...

Wrapped Bitcoin Demand is Accelerating

17 Aug 2020 1 minute read 1 comment author_nan

Data from analytics platform Dune Analytics shows that the rate of tokenization of Bitcoin (BTC) on the Ethereum (ETH) network has sharply been increasing. The asset, called Wrapped Bitcoin (WBTC), is also being used more in DeFi applications. The s...

The capitalization of the bitcoin-backed Ethereum token WBTC exceeded $200 million

12 Aug 2020 1 minute read 0 comments Danyakot

The total market value of the Wrapped Bitcoin (WBTC) token linked to the first cryptocurrency reached $227 million, according to the BTC on Ethereum service. WBTC is the leader in capitalization among "bitcoins on the air". It is followed by a large...

Coinlist Mints Over 7000 BTC on Ethereum in July

3 Aug 2020 1 minute read 0 comments author_nan

Token launch and exchange platform CoinList has minted 7,029 wrapped Bitcoin (WBTC) on Ethereum (ETH) in July, in what was a highly active month for the network. Bitcoin on Ethereum grew by 70% in July, with over $100 million moved.  WBTC is by far t...

Bitcoins enter into the Decentralised Finance World with Wrapped Bitcoins (WBTC)

3 Jul 2020 1 minute read 2 comments Greenchic

![wbtcbanner.png](https://files.peakd.com/file/peakd-hive/mintymile/9w8EJYpf-wbtcbanner.png)[Image taken from wbtc site](https://wbtc.network/) Image taken from wbtc site More Bitcoins inside the Ethereum Blockchain than in the Bitcoin’s own chain!!...

What is WETH & WBTC? [DeFi Explained]

23 Jun 2020 3 minute read 3 comments D3F1

DeFi is such a hot topic right now within the cryptocurrency industry - especially with Compound Finance, one of the largest DeFi platforms, distributing its COMP token to take the entire USD value locked up in DeFi up to the $1.5 billion level; How...

Understanding Wrapped Bitcoin(WBTC)

15 Jun 2020 2 minute read 0 comments Cryptomeitei

Bitcoin is the king of cryptocurrency. It is also considered as the  store value and digital gold. But it does't mean that it will be the best digital asset with more liquidity in the market. With the increase in the  transaction fees  using bitcoin...

Episode 59: What is WBTC? Why Should I care?

26 May 2020 1 minute read 0 comments NewCreationCapital

Audio: Video:   Join The New Creation Cronies Telegram Group In Episode 59: We look into WBTC or wrapped Bitcoin and why I should care.  This is our Story of the Day Other News: https://bitcoinexchangeguide.com/wbtc-has-become-the-second-most-popul...

What is WBTC and How it Works

26 May 2020 1 minute read 0 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

WBTC is an ERC20 token used on the Ethereum blockchain, in a 1: 1 ratio with BTC (a bit like the primordial idea of ​​the stablecoins that would guarantee a 1: 1 ratio with the dollar).So WBTC has the same value as BTC. WBTC on Etherscan: WBTC (Ethe...

BTC recorded in DeFi increased.

16 May 2020 1 minute read 0 comments Emir Can

BTC, which is hidden in DeFi, has increased significantly in recent days. increased by approximately 1000 btc.         -This increase is not actually due to BTC. -It is linked to WBTC. WBTC is an eth-20 sourced cryptocurrency. *The transaction is li...