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Tag Archives: WBTC

Is Wrapped Bitcoin driving DeFi growth right now?

May 26, 2020

DappRadar

WBTC market capitalization grew by 192% in 2020 Various blockchain projects have been attempting to bring BTC onto various platforms for some time as Bitcoin represents over 60% of the total market cap for all cryptocurrencies. This is particularly important for DeFi dapps, which ar...

How Wrapped Bitcoin trading is evolving on Kyber

May 15, 2020

DappRadar

Wrapped BTC (WBTC) surges as it becomes an accepted collateral asset Wrapped Bitcoin (WBTC) went live on Ethereum at the beginning of 2019. It is an ERC-20 token backed 1:1 with real Bitcoin and is intended to capture the benefits that can result from the tokenization of the B...