According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch.
Read moreSky proposes dropping Wrapped Bitcoin over claimed Justin Sun ties
The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin
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Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC
Read moreCoinbase launches 'cbBTC' wrapped Bitcoin digital asset
The exchange announced that cbBTC is now available in the United Kingdom, Australia, Singapore, and all US states except New York.
Read moreDeFi protocol Threshold proposes Bitcoin wrapper merger to ‘save WBTC’
The proposal would effectively transfer control of WBTC to Threshold.
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Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized
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