The Wrapped Bitcoin Project Has Officially Launched on Ethereum

On Jan. 30, a group of cryptocurrency developers and organizations officially launched a project called Wrapped Bitcoin (WBTC) on the Ethereum network. The ERC20 token is a coin backed by bitcoin core (BTC) reserves and has started trading on several exchange platforms. Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings The Introduction of … Read more

Wrapped Bitcoin Is Coming to Ethereum

Bitcoin core is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will see BTC become WBTC, with the W standing for “wrapped.” When WBTC launches in January 2019, it will enable ethereum-based bitcoin to be traded on DEXs, boosting liquidity and opening the Ethereum ecosystem … Read more

New Year, New Forks: World Bitcoin and Bitcoin Candy Expected Soon

The fork of Bitcoin Cash sparked a wave of airdrops and bitcoin-related fork projects in 2017. A new project, World Bitcoin (WBTC), is to fork at block 503,888 on or around January 12. Unlike other hard forks introducing new features to overcome Bitcoin’s limitations, WBTC will focus on building a ”global application infrastructure”, according to its … Read more