Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain

Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with Tron. Members of the crypto ecosystem will soon be able … Read more

Tokenized BTC Crosses $1B Notional: Ethereum Cements Role as Bitcoin’s Main Sidechain

Years ago when the Bitcoin network started suffering from higher fees and congestion, a number of bitcoiners advocated the use of sidechains in order to relieve the main chain’s duties. However, they didn’t realize that the Ethereum network would solidify its role as Bitcoin’s main sidechain during the last year. Five years ago, bitcoiners relentlessly … Read more

Global Governments are Tapping Blockchain Technology to Streamline Infrastructure

Governments all over the world are working on improving and streamlining their existing processes and infrastructure. Blockchain technology will play an increasing role of importance in this regard.  Growing Adoption of Blockchain Technology Various governments around the globe are currently exploring their options in the blockchain space. Rather than looking at established technology companies, it … Read more

Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin

While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token. An Attempt … Read more

RSK Brings DeFi Interoperability to Bitcoin & Ethereum; Launches New Bridge

In a 2018 report on blockchain technology, Deloitte identified five vectors of progress for promoting adoption. Topping the list was the need to enhance performance and interoperability. Ultimately, Deloitte concluded, “Help is on the way as a growing number of industry participants work to enable cross-blockchain transactions, interconnectivity, and standardization.”  When it comes to decentralized … Read more

RSK Unveils $200,000 Dapp Developer Program

RSK, the Bitcoin smart contracting platform powered by IOV Labs, has unveiled a $200,000 fund to spearhead application development. The grant program will be made available to dApp developers interested in building upon the smart contract network, whose security is anchored to the Bitcoin blockchain. The funds earmarked for enterprising projects will stimulate third party … Read more