Two Prime launches $10M-backed Bitcoin yield vault
Two Prime launched a Pareto WBTC lending vault targeting 1.5%–2% annual yields, backed by roughly $10 million of first-loss capital.
Wrapped Bitcoin
Coin · WBTC · 19 articlesAll coverage
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Compound Opens Institutional Market With 87% LTV
The market takes ETH, wstETH, WBTC and cbBTC as collateral against USDC at loan-to-value ratios of up to 87%. Compound says borrowing is open to anyone, with approval required only for the 200,000 USDC in supplier rewards.
The Defiant•The Defiant Team8 SeptCompound Opens Institutional-Only Lending Market
The market lends USDC against ETH, wstETH, WBTC and cbBTC to whitelisted institutions only, at loan-to-value ratios of up to 87%. Compound says it was oversubscribed at launch, with DeFi Saver, K3/Nexo, KPK and Yearn taking part.
The Defiant•The Defiant Team8 Sept
Morpho Expands Fixed-Rate Midnight Markets to Ethereum
USDC markets backed by WBTC and cbBTC are live, while roughly $5 billion held in Morpho Vaults remains unable to enter Midnight pending DAO action.
The Defiant•The Defiant Team8 Sept
CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC
Circle's wrapped Bitcoin was overcollateralized at its Aug. 27 snapshot, yet WBTC and cbBTC remain thousands of times larger as Arc becomes the next distribution test.
CryptoSlate•Liam 'Akiba' Wright30 Aug
Circle launches cirBTC as neutral wrapped Bitcoin infrastructure for institutions
Circle's cirBTC could reshape institutional DeFi engagement, enhancing Bitcoin's utility and liquidity while challenging existing wrapped BTC solutions.
CryptoBriefing•Editorial Team12 Aug
Bitgo Shifts WBTC Infrastructure to Chainlink in Security Push
Crypto infrastructure firm Bitgo is replacing Layerzero with Chainlink as the exclusive cross-chain infrastructure provider for wrapped bitcoin (WBTC), marking a major change in how the $7.7 billion token will move across blockchain networks. The crypto company said on Tuesday all future Bitgo-issued digital assets will also use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, by […]
Bitcoin.com News•Jamie Redman4 Aug
BitGo Names Chainlink CCIP Exclusive Cross-Chain Provider for $7.7 Billion WBTC
BitGo will move Wrapped Bitcoin and every future BitGo-issued asset onto Chainlink CCIP, dropping the provider it chose in September 2024. The announcement never uses the word LayerZero.
The Defiant•The Defiant Team4 Aug
BitGo moves $7.4 billion Wrapped Bitcoins to Chainlink CCIP in latest LayerZero exodus
The move pushes the total value migrating from LayerZero to Chainlink near $15 billion, with WBTC representing the largest shift yet.
The Block•Daniel Kuhn4 Aug
BitGo switches WBTC from LayerZero to Chainlink CCIP
BitGo has replaced LayerZero with Chainlink CCIP for $7.3 billion WBTC cross-chain transfers. According to CoinDesk, crypto infrastructure company BitGo has selected Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive cross-chain provider for Wrapped Bitcoin (WBTC), replacing LayerZero in a…
BitGo adopts Chainlink CCIP for $7.7 billion Wrapped Bitcoin
BitGo's exclusive use of Chainlink CCIP for WBTC could centralize cross-chain control, impacting DeFi liquidity and security dynamics.
CryptoBriefing•Editorial Team4 Aug
BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
CoinDesk•Francisco Rodrigues4 AugU
End of HODL: Co-Founder of Once World's Largest Bitcoin Mining Pool Moves Millions in Crypto to Binance
F2Pool co-founder Chun Wang reverses his two-month accumulation strategy, depositing millions in Ether and wrapped Bitcoin back into Binance hot wallets.
U.Today•Gamza Khanzadaev27 JulA
Bitcoin: What ‘a cooler than expected CPI print’ means for BTC’s $70K retest
Growing address activity and WBTC outflows suggest that Bitcoin's rally may have stronger on-chain support.
AMBCrypto•Ritika Gupta15 Jul
Is Wrapped Bitcoin Flashing a Bullish Signal? Exchange Outflows Hit Six-Week High
A sharp drop in WBTC held on exchanges could be a positive sign for Bitcoin.
Peckshield: $5.25 Million Drained From Hedera and Bridged to Ethereum in Suspected Exploit
Blockchain security firm Peckshield says an apparent exploit of the Hedera network has seen $5.25 million in stolen funds bridged to Ethereum. The attacker’s wallet, first funded through the crypto mixer Tornado Cash, holds roughly $5.25 million in ether and wrapped bitcoin. The Numbers Are Finally Starting To Emerge Peckshield reported that the Hedera network […]
Bitcoin.com News•Shiraz Jagati11 Jul
What Is Wrapped Bitcoin? How WBTC brings BTC to Ethereum and DeFi
Bitcoin is the largest pool of value in crypto, but on its own, it cannot touch Ethereum’s world of lending, borrowing, and yield. Wrapped Bitcoin is the bridge. This guide explains how WBTC works, the mint-and-burn model behind it, the…
F2Pool co-founder Wang Chun withdraws $21M in ETH and WBTC from Binance
Chun's significant asset shift to DeFi highlights a growing trend of moving away from centralized exchanges, emphasizing DeFi's rising influence.
CryptoBriefing•Editorial Team19 Jun
Circle Launches cirBTC On Ethereum As New 1:1 Bitcoin-Backed DeFi Asset
Circle has launched cirBTC on Ethereum, entering the wrapped Bitcoin market with a 1:1 backed asset aimed at institutional DeFi collateral.
NewsBTC•NewsBTC Editorial Team17 Jun