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$3,134.59 0.48668
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BNB
BNB (BNB)
$533.65 1.63803
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$138.89 0.9795
Solana price
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$0.0000165 0.3891
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$0.0000225 -6.42503
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Bitcoin
Bitcoin (BTC)
$57,914.00 0.78062
Bitcoin price
Ethereum
Ethereum (ETH)
$3,134.59 0.48668
Ethereum price
BNB
BNB (BNB)
$533.65 1.63803
BNB price
Solana
Solana (SOL)
$138.89 0.9795
Solana price
XRP
XRP (XRP)
$0.4680020 4.69496
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 0.3891
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000088 -4.1224
Pepe price
Bonk
Bonk (BONK)
$0.0000225 -6.42503
Bonk price
Bitcoin
Bitcoin (BTC)
$57,914.00 0.78062
Bitcoin price
Ethereum
Ethereum (ETH)
$3,134.59 0.48668
Ethereum price
BNB
BNB (BNB)
$533.65 1.63803
BNB price
Solana
Solana (SOL)
$138.89 0.9795
Solana price
XRP
XRP (XRP)
$0.4680020 4.69496
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 0.3891
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000088 -4.1224
Pepe price
Bonk
Bonk (BONK)
$0.0000225 -6.42503
Bonk price
Bitcoin
Bitcoin (BTC)
$57,914.00 0.78062
Bitcoin price
Ethereum
Ethereum (ETH)
$3,134.59 0.48668
Ethereum price
BNB
BNB (BNB)
$533.65 1.63803
BNB price
Solana
Solana (SOL)
$138.89 0.9795
Solana price
XRP
XRP (XRP)
$0.4680020 4.69496
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 0.3891
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000088 -4.1224
Pepe price
Bonk
Bonk (BONK)
$0.0000225 -6.42503
Bonk price

Cardano launches wrapped bitcoin (cBTC) on its anetaBTC testnet 

News
Cardano launches wrapped bitcoin (cBTC) on its anetaBTC testnet 

Cardano has successfully launched a wrapped bitcoin (BTC) token dubbed cBTC on its anetaBTC testnet. The move is aimed at attracting bitcoin users to Cardano’s DeFi ecosystem. 

cBTC goes live on the anetaBTC testnet 

In a bid to attract bitcoin (BTC) liquidity to its burgeoning decentralized finance (DeFi) ecosystem, Cardano, the blockchain network powering ADA, the world’s 7th-largest cryptocurrency has introduced wrapped bitcoin (cBTC) on its anetaBTC testnet.

According to the team, the new wrapped bitcoin (cBTC) on Cardano is pegged at 1:1 with BTC, and Cardano users will now be able to mint cBTC tokens on the anetaBTC protocol, enabling them to trade, and participate in DeFi activities on Cardano.

https://twitter.com/anetaBTC/status/1649618019323109376/

The Cardano protocol currently boasts $153.77 million in total value locked (TVL). Cardano is home to a total of 18 DeFi projects. Minswap, a multi-pool decentralized exchange (DEX), is Cardano’s top DeFi protocol, with a TVL of $53.58 million, according to Defi Llama.

The price of ADA is up by 6.9% in the last 30 days. At the time of writing, ADA is exchanging hands for $0.387003, representing a 0.3% rise in the last 24 hours.   

Cardano launches wrapped bitcoin (cBTC) on its anetaBTC testnet  - 1
ADA 24-hour chart|Source:CoinGecko

Looking at the larger picture, ADA is down by more than 87% from its all-time high of $3.09 reached in Sept. 2021.