Wrapped Bitcoin

Interlay founders Dominik Harz (left) and Alexei Zamyatin (right) (Interlay)

Technology

Blockchain Project Interlay Wants its New Platform to Become a ‘One-Stop-Shop for Bitcoin DeFi’

“We've only seen the tip of the iceberg with bitcoin DeFi today,” said Interlay CEO and Co-founder Alexei Zamyatin in an exclusive interview with CoinDesk.

By Frederick Munawa

Jul 5, 2023 at 2:00 p.m. UTC

Jul 5, 2023

BitcoinDeFiWrapped BitcoinPolkadotExclusive

Markets

Cardano

Wrapped Bitcoin Token Goes Live on Cardano Testnet

The anetaBTC project aims to attract bitcoin liquidity to the Cardano ecosystem.

By Shaurya Malwa

Apr 24, 2023 at 8:14 a.m. UTC

Apr 24, 2023

CardanoWrapped BitcoinDeFi

Wrapped Bitcoin Trades at Discount After FTX's Collapse

Video

Cdtv

Wrapped Bitcoin Trades at Discount After FTX's Collapse

Wrapped bitcoin (WBTC), a clone of bitcoin (BTC), has traded at a discount to BTC's price since crypto exchange FTX filed for bankruptcy protection on Nov. 11. "All About Bitc...

By CoinDesk Inc

Nov 29, 2022 at 8:50 p.m. UTC

Nov 29, 2022

cdtvFTXLawrence-Lewitinnaab clipChartDay_SponsorWrapped BitcoinwBTCBankruptcyftxforarc

Markets

Wrapped bitcoin

Wrapped Bitcoin Trades at Discount Amid Market Contagion

WBTC’s discount dropped to as low as 1.5% as questions swirled over whether the token is fully backed. Custodian BitGo clarified that it is.

By Jocelyn Yang

Nov 28, 2022 at 8:15 p.m. UTC

Nov 28, 2022

Wrapped BitcoinAltcoinsLiquidityMarketsBitcoin

Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)

Finance

Ftx

Solana’s Wrapped Bitcoin Price Craters, Recovers After FTX Shuts Exit Ramp

FTX filed for bankruptcy and FTX US later froze withdrawals, before reversing course.

By Danny Nelson

Nov 11, 2022 at 7:47 p.m. UTC

Nov 11, 2022

FTXWrapped Bitcoin

(Pankaj Patel/Unsplash, modified by CoinDesk)

Technology

Polkadot

Inside the $3B DeFi Exploit of Acala's Crypto Platform

The exploit of one of Acala's liquidity pools demonstrates how easily billions of dollars can be siphoned from DeFi platforms, potentially wreaking havoc on an entire industry...

By Frederick Munawa

Aug 22, 2022 at 9:25 p.m. UTC

Aug 22, 2022

PolkadotDeFiExploitsWrapped BitcoinStablecoins

Technology

Bitcoin

Polkadot Now Has a Decentralized Version of 'Wrapped' Bitcoin

Interlay introduces a decentralized and trustless wrapped bitcoin bridge for DeFi users on Polkadot who are wary of third-party custodians and merchants.

By Frederick Munawa

Aug 11, 2022 at 2:14 p.m. UTC

Aug 11, 2022

BitcoinPolkadotEthereumWrapped BitcoinStablecoins

Markets

Celsius

Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize

The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim c...

By Krisztian Sandor

Jul 8, 2022 at 8:10 p.m. UTC

Jul 8, 2022