Kraken and
Coinbase are joining forces to compete against
BitGo's WBTC. Meanwhile, Coinbases'
Brian Armstrong has a discussion with the GOAT Bot, triggering a price explosion for the meme coin,
Russell. The newly released
EverValue Coin promises user to multiply their Bitcoin easily. The staking protocol,
Babylon, uses
WBTC to attract a whopping $1.5 Billion in deposits.
WBTC has successfully shifted to a multi-jurisdiction custody arrangement and noted new highs on
Aave with soaring supply on
Coinbase. Bitcoin's co-creator,
BitGo, challenges Tether and Circle with a reward-focused USDS stablecoin. Despite concerns, industry insiders argue to stop panicking about Wrapped Bitcoin as there are other coins in the market. Upon BitGo’s custodial changes,
Wrapped Bitcoin's redemptions vastly outpaced minting. Internationally acclaimed rapper Cardi B launches a new meme coin inspired by her smash hit.
21Shares launched Wrapped Bitcoin 21BTC amid challenges faced by WBTC.
BitGo's CEO defends the security and transparency of Wrapped Bitcoin against criticisms. Amidst all the controversy,
Coinbase teases its own version of Wrapped Bitcoin named cbBTC. Nevertheless, the WBTC market continues to grow in spite of the controversy, and claims of criticism from competitors. A crypto whale has been scooping up WBTC amidst the ongoing controversy.There are rumors of the return of a WBTC thief who spread a significant amount of stolen funds across multiple crypto wallets. Conversations about removing
wBTC as collateral token has investors keeping close tabs on the market. Sky rethinks its plan to offboard WBTC due to provided risk assurances. Coinbase teases a potential challenge with their version of Wrapped Bitcoin.
WBTC Coin News Analytics from Fri, 08 Mar 2024 08:00:00 GMT to Wed, 23 Oct 2024 21:42:30 GMT -
Rating 5
- Innovation 2
- Information 4
- Rumor -3
