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According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin (BTC) has grown massively in recent weeks and since news.Bitcoin.com’s last report … Read more
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc, Renbtc, Sbtc, and more. During the last two … Read more
Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. Just recently, the platform Synthetix revealed a partnership with Bitgo and the Ren Project … Read more
This week the RSK Labs development team launched a new service that provides programmers with a variety of tools to build decentralized applications. According to RSK, the ‘Dapp’ platform will provide developers with a great deal of infrastructure services all in one place. Also read: RSK Mines Its Genesis Block – Bitcoin Now Has an Ethereum-Like … Read more
The number of active and upcoming Bitcoin hard forks is quite stunning. While most people may only be able to name one or two forks, there are quite a few other projects out there as well. Super Bitcoin, for example, is one of the more recent hard forks. Although it has flown under most people’s radars, there is a … Read more
