Latest News and Articles about Wrapped Bitcoin
Circle Launches cirBTC on Ethereum to Challenge WBTC and cbBTC
Circle has entered the wrapped Bitcoin arena with cirBTC, a 1:1 BTC-backed ERC-20 token on Ethereum mainnet built to challenge the long-dominant WBTC and the fast-rising cbBTC. Launch date: June 8, 2026 Chain: Ethereum mainnet Backing: 1:1 Bitcoin held in regulated custody Verification: Chainlink Proof of Reserve, in real time Target users: Institutions, OTC desks, […]
Read MoreKraken Replaces LayerZero with Chainlink CCIP for kBTC Wrapped Bitcoin Security
Kraken drops LayerZero for Chainlink CCIP in a wrapped Bitcoin security shift Kraken is phasing out LayerZero and moving its wrapped asset infrastructure to Chainlink CCIP, a move that puts security, compliance, and risk controls ahead of convenience. The exchange says the switch will cover Kraken Wrapped Bitcoin (kBTC) and future wrapped assets, signaling that […]
Read MoreKraken Switches kBTC to Chainlink CCIP as Wrapped Bitcoin Security Takes Center Stage
Kraken is swapping LayerZero for Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, to secure kBTC and other wrapped assets. It’s a small-sounding infrastructure change with a big message: when Bitcoin moves beyond its native chain, the rails matter as much as the asset itself. Kraken is moving kBTC and other wrapped assets to Chainlink CCIP from […]
Read MoreKraken Moves kBTC to Chainlink CCIP as Cross-Chain Security Takes Center Stage
Kraken is moving its wrapped Bitcoin product to Chainlink CCIP, a pretty clear sign that crypto’s cross-chain plumbing is finally getting treated like the security-sensitive mess it always was. Kraken is migrating kBTC and future wrapped assets to Chainlink CCIP. The exchange is ending its legacy cross-chain provider relationship. Security, risk controls, and broader DeFi […]
Read MoreSolv Moves $700M Wrapped Bitcoin to Chainlink CCIP From LayerZero
Solv Protocol has switched its wrapped Bitcoin infrastructure from LayerZero to Chainlink CCIP, putting more than $700 million in BTC-backed assets under a new cross-chain security model. Solv moved wrapped Bitcoin infrastructure from LayerZero to Chainlink CCIP More than $700 million in BTC-backed assets is now tied to the new setup Security and trust are […]
Read MoreTrusted Volumes DeFi Exploit Drains $5.9M in ETH, WBTC and Stablecoins
Trusted Volumes, a DeFi RFQ trading protocol, was hit by a sharp-edged exploit that drained nearly $5.9 million in ETH, WBTC, and stablecoins after a flaw in its signature validation logic let an attacker forge orders and bypass authorization. About $5.9 million drained from Trusted Volumes 1,291 ETH, 16.94 WBTC, USDC, and USDT stolen Signature […]
Read MoreBitcoin as Collateral: Yield and Liquidity Boost for Institutions with Hidden Risks
Bitcoin as Collateral: Unlocking Yield and Liquidity for Institutions Bitcoin, the original cryptocurrency that flipped the bird at traditional finance, is now being embraced by institutional giants as a legitimate asset for collateral, opening up new avenues for liquidity and yield. This trend signals a major evolution in how Bitcoin is perceived—not just as digital […]
Read MoreSUI Price Surges with Hype, While Digitap ($TAP) Builds Real-World Crypto Utility
SUI Price Surge Sparks Hype, But Digitap ($TAP) Focuses on Real-World Crypto Utility Bitcoin remains the gold standard of decentralized money, but the crypto market never sleeps, with altcoins like SUI riding waves of speculation while projects like Digitap ($TAP) aim to solve everyday financial pain points. SUI’s recent price pump has traders buzzing, yet […]
Read MoreCoinbase and BiT Global Settle wBTC Delisting Lawsuit: Crypto Trust Issues Exposed
Coinbase and BiT Global Settle wBTC Delisting Lawsuit: A Wake-Up Call for Crypto Coinbase and BiT Global have called a truce in their bitter legal feud over the delisting of wrapped Bitcoin (wBTC) from Coinbase’s platform in 2024, a clash that ripped open the ugly underbelly of trust and power struggles in the crypto world. […]
Read MoreCoinbase Wins Lawsuit Against Bit Global, Highlights Justin Sun Risks
Coinbase Triumphs in Court Over Bit Global, Labels Justin Sun a Risk In a significant legal victory, Coinbase successfully defended itself against a lawsuit from Bit Global, a company associated with the controversial crypto figure Justin Sun, concerning the delisting of Wrapped Bitcoin (wBTC). Coinbase delists wBTC due to ties with Justin Sun Court dismisses […]
Read MoreCoinbase Delists Wrapped Bitcoin Amid Justin Sun Controversy: Risk Mitigation or Cash Grab?
Coinbase’s Decision to Delist Wrapped Bitcoin: A Risk Mitigation or Cash Grab? Coinbase, one of the leading cryptocurrency exchanges, has removed Wrapped Bitcoin (wBTC) from its platform. This significant decision is linked to the involvement of Justin Sun, the founder of Tron, whose reputation has been tainted by numerous accusations within the crypto community. Coinbase […]
Read MoreCoinbase Sued for Delisting Wrapped Bitcoin Amid Justin Sun Controversy
Coinbase Faces Criticism and Legal Action Over Wrapped Bitcoin Delisting Coinbase has stirred debate by delisting Wrapped Bitcoin (WBTC), attributing the decision to risks associated with Justin Sun, founder of Tron. This decision has not only invited criticism but also a legal battle with BiT Global, who argue the delisting was strategically designed to favor […]
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