Category: renBTC

Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral

Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral

There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1.4 million from blockchain investors. The project called Boringdao, a decentralized bridge between Ethereum and alternative blockchains, plans to launch the company’s bBTC tunnel this month in order to introduce another tokenized bitcoin.On October 8, 2020, the Boringdao project […]

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Lightning Vs WBTC, Is It Game Over For Bitcoin Lightning Network?

Lightning Network that was launched with the hope of enabling instant payments and scaling Bitcoin to handle millions to billion of transactions per second across the network. However, currently the Lightning Network appeared to be losing pace, especially when compared to Wrapped Bitcoin.  Lightning vs WBTC The total value of Bitcoin locked in Ethereum via […]

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