Category: wbtc

A compilation of 37 DeFi charts

A compilation of 37 DeFi charts

Quick Take This research piece is a compilation of different metrics across projects — including stablecoins, lending, DEXs, derivatives, privacy solutions, and more. Since May 1st, the total value locked in decentralized finance has grown from under $1 billion to $11.1 billion today. The fastest growing area of DeFi has been decentralized exchanges, which have […]

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BitGo Uses Chainlink (LINK) Oracle Network for On-Chain Auditing of WBTC

BitGo, the institutional digital asset and custodial platform, has adopted oracle network Chainlink (LINK) for cross-chain auditing of wrapped Bitcoin (WBTC). Over the last year, BitGo has bridged over $1 billion on Ethereum in form of WBTC indicating a clear surge in demand for cross-chain crypto assets within the DeFi space. For enhanced auditability and […]

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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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