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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…
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Circle has launched cirBTC on Ethereum, introducing a wrapped Bitcoin token backed 1:1 by BTC and supported by onchain reserve verification through Chainlink Proof of Reserve. According to Circle, cirBTC is now live on Ethereum and is designed to bring…
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Circle plans to launch its own version of wrapped Bitcoin on the Ethereum network to target institutional markets. In a Thursday announcement, stablecoin issuer Circle said it plans to introduce cirBTC, a token that is backed 1:1 by bitcoin and…
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Hedera Foundation has partnered with BitGo and LayerZero to integrate WBTC and help unlock the next phase of decentralized finance adoption.