Tokenized Bitcoin


Tech

WBTC Episode 'Reopened Old Wounds' of Centralized Failures: Bitcoin Builders Association

The venture between BitGo and BiT Global provided a reminder of the distrust many BTC holders still have for centralized custody, according to a new report

(Dynamic Wang/Unsplash)

Markets

Hunt for Yield: Wrapped BTC Now Holds More Than 1% of Bitcoin's Circulating Supply

The trend shows how some savvy crypto traders have pivoted to salvage or maintain returns even as bitcoin's price tumbled.

Bitcoin traders are tokenizing the cryptocurrency to run on the Ethereum blockchain for extra yield.

Markets

Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December

BitGo “unwrapped” over 11,600 WBTC last month.

Wrapped Bitcoin mints and burns in December

Markets

Record $616M of Wrapped Bitcoin Minted in September

Monthly value of minted WBTC grew 160% from August.

Top WBTC Merchants (Aug. 2020 v. Sept. 2020)

Tech

Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1B: Here's Why

The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why.

wrapped bitcoin

Markets

Bitcoin Supply on Ethereum Tops $1B

More than 92,000 bitcoins have been tokenized on Ethereum.

wbtc-1bn-2

Markets

Alameda Research Claimed Nearly 70% of Wrapped Bitcoin Minted in August

The firm claimed 14,654 WBTC in August following approval of its Compound collateral proposal.

WBTC minted per merchant in Aug. 2020

Markets

Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises

Prices for ren, the token for the RenVM DeFi network, experienced a great week, as the demand for bitcoin rises on DeFi.

Winter wren

Markets

Bitcoins Are Being Tokenized Faster Than They’re Mined as DeFi Craze Continues

The decentralized finance craze is causing demand for tokenized bitcoin to surge.

Daily WBTC and BTC issuance since August 9

Markets

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

Pageof 2