Latest News

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 11-17.

Bitgo is pleased to announce the official launch of WBTC on Kava. Since 2018, Wrapped Bitcoin (WBTC) has created additional liquidity “for decentralized exchanges and enhanced all decentralized applications (dApps) with BitGo Trust Company as the designated custodian.

In recent on-chain data analysis, a significant player in the cryptocurrency market has been observed accumulating Ethereum (ETH) while offloading Wrapped Bitcoin (WBTC) through the decentralized finance (DeFi) protocol Aave.

In recent weeks, a notable entity within the cryptocurrency sphere has made substantial acquisitions, amassing nearly $53 million in Ethereum (ETH) and Wrapped Bitcoin (WBTC) since December 21st, as per insights from blockchain analysis firm Lookonchain.

A single crypto whale has gobbled up nearly $53 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) since December 21st, according to the blockchain tracker Lookonchain. Lookonchain notes that the whale spent 20 million of the stablecoin USDC earlier this week to buy $10 million worth of ETH and $10 million worth of WBTC.

Despite the numbers, on-chain data suggests that ZETA and INJ movements could be tied to token distribution to early investors.

The crypto market might be about to experience a further downturn as a recent development suggests an imminent selloff is on the horizon. This comes following the recent market moves by Grayscale, which is believed to be responsible for the recent decline in Bitcoin's price.

Two prominent institutions in their bankruptcy liquidation phase, Celsius and FTX, have been actively engaged in massive crypto asset transfers. Celsius and FTX moved millions worth of Ethereum (ETH), Polygon (MATIC), and Wrapped Bitcoin (WBTC) to exchanges.

A prominent whale address, beginning with 0x454, has orchestrated a series of transactions that are causing ripples across the digital asset landscape.

A major cryptocurrency whale has managed to make a significant profit trading wrapped Bitcoin (WBTC). WBTC is an ERC-20 token pegged backed by BTC and pegged to its price at a 1:1 ratio.

An unknown crypto trader has been spotted on-chain clocking massive profits trading Wrapped Bitcoin (WBTC). According to blockchain tracking service Lookonchain, three wallets belonging to one “smart whale” deposited 1,957 WBTC worth $74.6 million into Binance on Friday.

In a recent turn of events, Wrapped Bitcoin (WBTC) has captured the attention of crypto enthusiasts as it embarked on an impressive uptrend driven by the buzz surrounding the BlackRock ETF announcement. This surge comes after a period of consolidation that lasted for months.

Kraken is the next major Canadian exchange to wind down support for stablecoins amid regulatory pressure.

According to customer emails, the changes will go into effect on Nov. 30.

Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top 100 holders.

A trader on Aave, a decentralized liquidity protocol operating on multiple platforms, including Ethereum and OP Mainnet, has begun selling wrapped Bitcoin (WBTC) to repay outstanding debt, records on October 13 reveal. WBTC is a tokenized version of Bitcoin issued on Ethereum that allows holders to engage in decentralized finance (DeFi) activities.

In the ever-evolving world of cryptocurrencies, two innovative projects are capturing the attention of investors and enthusiasts alike—Wrapped Bitcoin (wBTC) and Bitcoin Spark (BTCS). These projects are not only making waves but also opening up new horizons for the crypto ecosystem, each in its unique way.

While Bitcoin retains its position above $27,000, Wrapped Bitcoin (WBTC) is capturing increased attention, marked by significant whale transactions and wallet creations.

According to on-chain analytics firm Santiment, Wrapped Bitcoin (WBTC) has seen more large transactions than ever since March. Santiment noted in a tweet that WBTC whale transfers above $1 million are spiking to their highest rate since March.

According to the report, a cluster of addresses commencing with the distinctive prefix "0x47Ab" has undergone liquidation through the utilization of the AAVE protocol.

In a monumental stride towards advancing blockchain interoperability, Cardano, a leading Proof-of-Stake (PoS) protocol, has achieved a successful integration of Wrapped Bitcoin assets, commonly referred to as cBTC, through the innovative anetaBTC protocol. This groundbreaking development not only underscores Cardano's dedication to fostering a more connected crypto ecosystem but also has the potential to attract a wider audience and stimulate greater adoption of digital assets.

This integration lets users work with both ADA and BTC on one network, aiming to bring in more users and boost Total Value Locked (TVL) in Bitcoin. Cardano's Innovative Step with cBTC Integration In a groundbreaking move, Cardano, a well-known Proof-of-Stake (PoS) protocol, has introduced Wrapped Bitcoin assets called cBTC using the innovative anetaBTC protocol.

In a groundbreaking move, Cardano, the renowned Proof-of-Stake (PoS) protocol, has integrated Wrapped Bitcoin assets, termed as cBTC, through the innovative anetaBTC protocol. This development marks a significant stride towards blockchain interoperability and paves the way for a more inclusive and expansive crypto ecosystem.

In the ever-evolving realm of cryptocurrencies, Wrapped Bitcoin (WBTC) has carved a unique path, catching the attention of investors and enthusiasts alike. Its intriguing blend of Bitcoin and Ethereum technologies has led to a surge in popularity.