Wrapped Bitcoin (WBTC) News

Latest WBTC news feed and stories from 50 crypto news sources

Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid
The native bridge remains paused as a 20% bounty window closes Sep. 13 and final accounting continues. The post Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid appeared first on CryptoSlate.
Philadelphia Fed finds Bitcoin traders follow whale signals faster than Ethereum users
A Philadelphia Fed event study found broad same-direction activity among non-whale BTC wallets, while ETH's clearest response was concentrated among larger sellers. The post Philadelphia Fed finds Bitcoin traders follow whale signals faster than...
Five Months After the Kelp Hack, Aave Is Still Down $8 Billion
Deposits on Aave stood at $18.1 billion as of this writing, which is approximately 31% below the $26.1 billion it held the day before April’s Kelp hack, according to DefiLlama. The lender’s own code never failed. What failed was the collateral...
Circle Launches Wrapped Bitcoin (cirBTC) With Chainlink Proof of Reserve
Circle has launched Circle Wrapped Bitcoin (cirBTC), a 1:1 BTC-backed token on Ethereum that uses segregated custody and Chainlink Proof of Reserve.
Nearly $10 million must escape a dying Ethereum L2 network before New Year’s Eve or risk becoming unrecoverable
The Ethereum layer 2 stopped deposits and warned that exit routes differ before its network and explorer shut down. The post Nearly $10 million must escape a dying Ethereum L2 network before New Year’s Eve or risk becoming unrecoverable appeared...
CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC
Circle's wrapped Bitcoin was overcollateralized at its Aug. 27 snapshot, yet WBTC and cbBTC remain thousands of times larger as Arc becomes the next distribution test. The post CEO Jeremy Allaire says Circle built “the platform for the internet...
Moonwell Lost $8.7 Million Without a Single Line of Code Being Hacked
Lending protocol Moonwell lost an estimated $8.7 million to an exploit on Thursday. No smart contract was broken. An attacker simply made MAMO, a small Base token, look far more valuable than it is. The inflated price let the attacker borrow real...
BitGo Moves $7.4B WBTC to Chainlink CCIP, Expanding Its Cross-Chain Lead
The post BitGo Moves $7.4B WBTC to Chainlink CCIP, Expanding Its Cross-Chain Lead appeared first on Coinpedia Fintech News Chainlink is strengthening its position in cross-chain infrastructure after BitGo selected its Cross-Chain Interoperability...
BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZero-to-Chainlink moves now totaling $14.5 billion.
Whale Moves 200 BTC From Binance After $220M ETH and WBTC Accumulation
BitcoinWorld Whale Moves 200 BTC From Binance After $220M ETH and WBTC Accumulation An anonymous cryptocurrency whale has withdrawn 200 Bitcoin (BTC) from Binance, according to on-chain data shared by analyst ai_9684xtpa. The transaction occurred...
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