Despite the wild price swings in March 2020, Bitcoin closed the year very well-above its 2017 all-time high. In December 2020, the Bitcoin price jumped by 66.1%. Impressively, the astounding bitcoin price rally turned unstoppable after 17 December 2020, and bitcoin price crossed $34k. All in all, cryptocurrencies benefited from a diverse set of cryptonews in 2020. It started with the pandemic triggered...
Let's say you're a longtime Bitcoiner with some BTC laying around that you'd be willing to experiment with. 'If that sounds like you, then maybe you've also heard about Ethereum's rising decentralized finance ecosystem and how you can put your BTC to work in DeFi in various ways, though you don't know where to start. [...] The post WBTC: Top Things You Can...
One of the biggest focuses of this past year in DeFi has been the rapid rise of Wrapped Bitcoin, tBTC, and other projects that allow investors to deposit their BTC in exchange for an Ethereum-based token representing a claim on that Bitcoin. While previously seen as a novelty only used by KYC-ed users looking for a faster way to transact Bitcoin, it is...
The decentralized finance (DeFi) ecosystem has garnered the attention of investors worldwide. According to reports, Ethereum currently houses the highest number of decentralized finance (DeFi) protocols available today. This includes the highly-successful Uniswap DeFi protocol. For users to gain access to these protocols, they need to first own ERC20 tokens. The total number of Bitcoin locked up in DeFi protocols recently reached an...
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...
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...
Crypto.com recently announced that Wrapped Bitcoin (WBTC) is now available on DeFi Swap. The development was also revealed via a Twitter announcement from Crypto.com. Wrapped Bitcoin (...
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