Ethereum

A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening. The project was first unveiled in October as a joint initiative between decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. As stated on the […]

Ethereum

A New Token Is Coming To Ethereum – And It's Fully Bitcoin-Backed

In January, a new token is being launched on the ethereum blockchain that will be backed one-for-one by bitcoin. The companies behind the initiative include decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. What’s more, a number of ethereum-based projects are also reported to support adoption of the token once […]