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LayerZero has been selected as the interoperability provider for BitGo's Wrapped Bitcoin (WBTC) to enhance its cross-chain capabilities. LayerZero's choice highlights the chain's growing influence in the blockchain space and it has caused its native token, ZRO, to rebound from a crucial support level in its price chart.
BitGo has selected LayerZero as the digital asset custody provider's official interoperability provider for the Wrapped Bitcoin token. On Sept.
With LayerZero as its official interoperability provider, BitGo is expanding its tokenized wrapped bitcoin (WBTC) product to BNB Chain and Avalanche.
A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday.
In the ever-evolving landscape of cryptocurrencies, one of the most interesting novelties of recent times is the launch of 21BTC by 21Shares.
21.co, the parent company of 21Shares, a major player in the crypto exchange-traded fund (ETF) market, is expanding its presence in the world of wrapped assets.
Amid surging interest in decentralized finance, other players in the wrapped-BTC space have attracted controversy.
Threshold has proposed a merger of its tBTC token with WBTC as the industry is concerned for the latter's future.
21Shares has introduced its Wrapped Bitcoin on the Ethereum blockchain, marking its second launch of this product after its debut on Solana.
The CEO of BitGo responds to accusations of lack of intellectual honesty
21Shares launches 21BTC aiming to provide enhanced security with cold storage and no bridge.
According to a Sept. 3 statement, 21.co, the parent company of 21Shares, has introduced its Wrapped Bitcoin product (21BTC) on the Ethereum blockchain.
The loudest critics of BitGo's deal with Justin Sun-affiliated BiT Global also want to see their ‘number go up.'
21.co is expanding the lineup of wrapped tokens, bringing its Wrapped Bitcoin to the Ethereum blockchain. 21.co, the parent company of crypto exchange-traded products provider 21Shares, has announced the launch of its Wrapped Bitcoin (21BTC) on the Ethereum blockchain.
The decentralized finance (DeFi) protocol Threshold has proposed a merger between its Bitcoin wrapper token, tBTC, and Wrapped Bitcoin (WBTC) to prevent a potential takeover by Justin Sun.
A BTC DeFi protocol proposes a merger to decentralize WBTC before upcoming custody changes.
The proposal would effectively transfer control of WBTC to Threshold.
Bitcoin decentralized finance protocol Threshold Network has proposed a partnership with BitGo to save Wrapped Bitcoin (WBTC). In a proposal submitted on August 30, MacLane Wilkison wants to transition WBTC from its current centralized custody to Threshold's decentralized system.
Threshold Network has proposed to acquire BitGo‘s Wrapped Bitcoin (WBTC) product, offering $36.4 million worth of their native T tokens. The move aims to transition WBTC from centralized custody to Threshold's decentralized model, merging it with their tBTC Bitcoin (BTC) bridge.
Under the plan, BitGo would become “the largest holder” of Threshold's T token while also transferring control of the WBTC mint mechanism.
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 system. This move comes in response to recent concerns within the decentralized finance (defi) ecosystem over the current custody arrangements for WBTC.
Justin Sun's WBTC withdrawals raise decentralization concerns in the crypto community. Sun denies control over WBTC reserves, emphasizing strategic involvement.
Justin Sun defends his withdrawal of BTC backing USDD. Is it enough to calm users?
A whale accumulated over $118 million of WBTC in the last week. This comes when many are worried about WBTC's growing centralization.
