Category: DOT

Polkadot’s First Trustless Wrapped Bitcoin PolkaBTC Coming in Early 2021

In a step towards creating a truly interoperable blockchain ecosystem, cross-chain bridge service provide Interlay has joined hands with Polkadot to bring the platform’s first trustless wrapped Bitcoin PolkaBTC by early 2021. PlkaBTC is nothing but an official bridge between Bitcoin and Polkadot blockchains. The entire project is entirely funded by Polkadot’s parent Web 3 […]

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A new tokenized bitcoin is coming onto Polkadot in Q1 2021 — ‘PolkaBTC’

A new tokenized bitcoin is coming onto Polkadot in Q1 2021 — ‘PolkaBTC’

A new form of tokenized bitcoin, “PolkaBTC,” is set to be released onto the Polkadot blockchain network in Q1 2021. Blockchain startup Interlay will launch PolkaBTC, backed 1:1 by bitcoin (BTC). Interlay is funded by the Web3 Foundation, which oversees the development of Polkadot. PolkaBTC could be seen as an alternative for popular WBTC or […]

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