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Nalezeno "Wrapped": 251

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move


Five days ago, Coinbase announced plans to remove wrapped bitcoin (WBTC) from its platform on Dec. 19, 2024. In the days following the announcement, the WBTC supply has contracted. Wrapped Bitcoin’s Supply Drops by 5,844 Coins in 8 Days On Nov. 16, the WBTC supply on Ethereum was recorded...

Coinbase to delist WBTC


Coinbase has already discontinued market trading of WBTC and is only facilitating limit orders

Wrapped in Chains: Bitcoin’s Centralization Trap


This Op-Ed explores if there is a way out of the centralization cycle for wrapped Bitcoin. TLDR: The Greeks wrote about Sisyphus, eternally pushing his boulder uphill, only for it to roll back down. In crypto, we keep pushing Bitcoin toward decentralization, only to watch wrapped versions roll back...

Coinbase Launches Wrapped Bitcoin Token on Top of Solana


Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with...

Popping Comments With CSS Anchor Positioning and View-Driven Animations


The State of CSS 2024 survey wrapped up and the results are interesting, as always. Even though each section is worth analyzing, we are usually most hyped about the section on the most used CSS features. And if you … Popping Comments With CSS Anchor Positioning and View-Driven Animations...

Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for Defi


Kraken has launched KBTC, a wrapped bitcoin product fully backed 1:1 by bitcoin and compatible with multiple networks. KBTC aims to expand bitcoin’s use beyond its native chain and into decentralized finance (defi) ecosystems. Kraken Introduces KBTC to Enhance Bitcoin’s Utility Across...

WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars


It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8...

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