WBTC

Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody

August 29, 2024 Bitcoin.com

bitcoin.com

Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in response to recent concerns within the decentralized finance (defi) ecosystem over the current custody arrangements for WBTC. Threshold Network Proposes Decentralized Custody Model for WBTC […]

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months

Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base

August 15, 2024 Bitcoin.com

BASE

Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated L2, declared that they were “going to build a massive […]

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months

WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns

August 12, 2024 Bitcoin.com

BiT Global

The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving WBTC custody to a joint venture with Bit Global, another custodian, to diversify custody locations and decentralize private keys […]

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months

Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives

June 2, 2024 Bitcoin.com

/r/btc

The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded its scale. Nonetheless, the past few years have seen a significant decline in the number of wrapped bitcoins in circulation, with more than 32% of […]

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months

Hacker Returns Nearly All of $68,000,000 Worth of Crypto Stolen From Whale Wallet: On-Chain Data

May 13, 2024 The Daily Hodl

Address poisoning

A hacker who managed to steal nearly $70 million in crypto from a whale has returned almost everything, according to on-chain data. Earlier this month, a hacker successfully phished a whale using what’s known as an “address poisoning” scheme. The scheme involves sending someone a small amount of crypto with an address that looks similar […]

The post Hacker Returns Nearly All of $68,000,000 Worth of Crypto Stolen From Whale Wallet: On-Chain Data appeared first on The Daily Hodl.

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months

Wrapped Bitcoin (WBTC) Wallet Loses $69,300,000 Worth of Crypto in Apparent Address Poisoning Scam

May 4, 2024 The Daily Hodl

Altcoins

A crypto wallet lost $69.3 million worth of Wrapped Bitcoin (WBTC) in an apparent address-poisoning attack, according to the blockchain security firm CertiK. Address poisoning usually involves a scammer sending a wallet a tiny amount of crypto via an address that’s designed to look similar to the wallet’s, according to an explanation provided by Ledger, […]

The post Wrapped Bitcoin (WBTC) Wallet Loses $69,300,000 Worth of Crypto in Apparent Address Poisoning Scam appeared first on The Daily Hodl.

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months

Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token

March 26, 2024 Bitcoin.com

BadgerDAO

Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao, a decentralized autonomous organization (DAO) committed to integrating bitcoin (BTC) into defi, has announced the launch […]

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months

BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy

March 17, 2024 Bitcoin.com

bitcoin.com

Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore, in recent years, derivative tokens of bitcoin and ether have garnered significant popularity. […]

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months

Whale Rapidly Accumulates Nearly $53,000,000 Worth of Ethereum and Wrapped Bitcoin: Lookonchain

February 9, 2024 The Daily Hodl

Altcoins

A single crypto whale has gobbled up nearly $53 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) since December 21st, according to the blockchain tracker Lookonchain. Lookonchain notes that the whale spent 20 million of the stablecoin USDC earlier this week to buy $10 million worth of ETH and $10 million worth of WBTC. […]

The post Whale Rapidly Accumulates Nearly $53,000,000 Worth of Ethereum and Wrapped Bitcoin: Lookonchain appeared first on The Daily Hodl.

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months

Orbit Chain Offers Multi-Million Dollar Bounty to the Public After Suffering $81,000,000 Hack Last Month

January 12, 2024 The Daily Hodl

Altcoins

The decentralized cross-chain protocol Orbit Chain is allocating a hefty amount to identify the culprit who stole $81 million worth of crypto assets from the platform. In December, an attacker exploited the protocol’s cross-chain bridge and looted $30 million worth of USDT, $22.5 million worth of Ethereum (ETH), $10 million worth of DAI, $10.44 million […]

The post Orbit Chain Offers Multi-Million Dollar Bounty to the Public After Suffering $81,000,000 Hack Last Month appeared first on The Daily Hodl.

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T3 Financial Crime Unit Freezes $126,000,000 in USDT on Tron (TRX) Blockchain in Just Four Months