WBTC

Portal DeFi Announces Plans to Integrate Stacks into Portal DEX and Enable Cross-Chain sBTC Trading

Retrieved on: 
Tuesday, April 9, 2024
Finance, Cryptocurrency, Professional Services, Asset Management, Fintech, Wrapped Bitcoin, DEX, EVM, Risk, Human, WBTC, Architecture, ETH, Decentralized finance, BTC, Traction, USDT, SDK

The integration will bring sBTC, a 1:1 Bitcon-backed asset on the Stacks layer that enables smooth movement of BTC from Layer 1 to Layer 2 and back while remaining decentralized, to the Portal DEX Network .

Key Points: 
  • The integration will bring sBTC, a 1:1 Bitcon-backed asset on the Stacks layer that enables smooth movement of BTC from Layer 1 to Layer 2 and back while remaining decentralized, to the Portal DEX Network .
  • The release of sBTC and its subsequent support in the Portal DEX Network will take place in the months following the Nakamoto rollout this year.
  • “Our integration with Portal will provide exciting cross-chain interoperability for builders,” said Andre Serrano, sBTC go-to-market resident at the Stacks Foundation.
  • “With sBTC set to join the Portal DEX Network, users will experience seamless, trust-minimized swaps between Bitcoin layers and beyond.

Flash News: OKX DeFi Platform Launches 'Radpie x Radiant Bonus Event' Featuring Up to a 9.6% APR in ARB Tokens

Retrieved on: 
Thursday, February 22, 2024
Wrapped Bitcoin, Bitcoin, Radiant, ARB, Web3, OKX, WBTC, Cryptocurrency

OKX today launched its ' Radpie x Radiant Bonus Event ,' giving eligible users who stake Wrapped Bitcoin (WBTC) on OKX DeFi the opportunity to earn an additional APR of up to 9.6% in ARB, on top of any base APR.

Key Points: 
  • OKX today launched its ' Radpie x Radiant Bonus Event ,' giving eligible users who stake Wrapped Bitcoin (WBTC) on OKX DeFi the opportunity to earn an additional APR of up to 9.6% in ARB, on top of any base APR.
  • OKX DeFi is a powerful Web3 yield aggregator platform that supports earning and staking via multiple protocols across various blockchains.
  • The 'Radpie x Radiant Bonus Event' begins today and is co-hosted by Radpie and Radiant , two prominent protocols in the DeFi space.
  • The event aims to give Bitcoin holders the opportunity to maximize their yield on the OKX DeFi platform without any lock-ups.

Orion Beats Uniswap Tax by Offering 0% DEX Fees and 0.25% on CEX Trades

Retrieved on: 
Thursday, October 26, 2023
DEX, Curve, CEX, Dex, Dependent territory, ETH, USDC, WBTC, Orion, Uniswap, OKX, CeX (company), Cryptocurrency, Binance

Cayman Islands, British Overseas Territories | October 26, 2023 08:00 AM Eastern Daylight Time

Key Points: 
  • Cayman Islands, British Overseas Territories | October 26, 2023 08:00 AM Eastern Daylight Time
    Centralized and decentralized exchange aggregator Orion has revealed its 0% fee model for DEX trades that makes it cheaper than Uniswap.
  • Unlike the majority of DEX platforms, Orion doesn’t impose a commission on trades, allowing users to keep more of their crypto.
  • On October 16, Uniswap began imposing a 0.15% on swaps involving assets such as ETH, WBTC, and USDC.
  • Orion, however, has continued to maintain its zero percent fee for DEX trades, and levies as low as 0.25% for CEX, making it cheaper than most AMMs including Uniswap.

BTSE Debuts Cutting-Edge DEX on Orderly Network Amidst Surging Demand for Streamlined DeFi Platforms

Retrieved on: 
Thursday, August 31, 2023
Ethereum, Partnership, Protocol, ETH, AURORA, Marriage, NEAR, CEX, Rainbow Bridge, ROAD, Finance Secretary (India), USDT, WBTC, EVM, SWEAT, Love, Unveiling a Parallel, Growth, Ecosystem, DEX, BTC, REF, NEXUS, Cryptocurrency, Orderly, Decentralized finance

Built atop the advanced NEAR blockchain, this revolutionary exchange, BTSE DEX , epitomizes the marriage between decentralized trading and the unmatched user experience of centralized platforms.

Key Points: 
  • Built atop the advanced NEAR blockchain, this revolutionary exchange, BTSE DEX , epitomizes the marriage between decentralized trading and the unmatched user experience of centralized platforms.
  • Beyond addressing the burgeoning interest in DeFi, the BTSE DEX also stands as a testament to the white-label prowess of the business.
  • Blurring the lines between decentralized and centralized exchanges, BTSE DEX promises:
    A seamless integration with Orderly's order book infrastructure, assuring trades reminiscent of conventional centralized platforms.
  • Henry Liu, CEO of BTSE, stated, "BTSE DEX is not just a platform but a vision to become the preferred DeFi trading hub for NEAR Protocol enthusiasts.

Syndika taps Kima's asset-agnostic payments infrastructure to bridge bitcoin with DeFi

Retrieved on: 
Monday, August 14, 2023
Bitcoin, Ethereum, Theft, Partnership, Blockchain, Extended Validation Certificate, Decentralized finance, Cisco DevNet, WBTC, Ecosystem, BTC, AI, SDK, Cryptocurrency

Tel Aviv, Israel, Aug. 14, 2023 /PRNewswire-PRWeb/ --

Key Points: 
  • As part of the partnership, Syndika leverages Kima's technology and infrastructure to build its bitcoin (BTC) to Wrapped bitcoin ( https://www.wbtc.network/ ) (WBTC) converter app, giving BTC holders easy access to the world of DeFi.
  • Despite bitcoin being the most recognizable and widely accepted cryptocurrency, its incompatibility with smart contracts thwarts its DeFi potential.
  • Kima's infrastructure eschews smart contracts, creating a framework for Syndika to build an app that removes the obstacles of bringing bitcoin support into DeFi.
  • Supported by a validator network, this blockchain provides the foundational infrastructure for the swap app developed by Syndika.

BitPay Debuts Bill Pay, Enables Users to Pay Bills with Cryptocurrency

Retrieved on: 
Tuesday, August 8, 2023
Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, Dai, USD Coin, Wrapped Bitcoin, Gemini Dollar, SHIB, DOGE, USDP, BCH, ETH, LTC, USDC, DAI, MATIC, Android, APE, IOS, BitPay, GUSD, WBTC, Gemini (company), BTC, BUSD, Cryptocurrency, Polygon

ATLANTA, Aug. 8, 2023 /PRNewswire/ -- BitPay, the world's largest provider of Bitcoin and cryptocurrency payment services, today announced the launch of BitPay Bill Pay, a new solution that allows cryptocurrency users to pay bills directly from their crypto wallets. From credit cards and mortgages to car payments and personal loans, BitPay users can make payments to 5,000+ service providers.

Key Points: 
  • ATLANTA, Aug. 8, 2023 /PRNewswire/ -- BitPay , the world's largest provider of Bitcoin and cryptocurrency payment services, today announced the launch of BitPay Bill Pay, a new solution that allows cryptocurrency users to pay bills directly from their crypto wallets.
  • From credit cards and mortgages to car payments and personal loans, BitPay users can make payments to 5,000+ service providers.
  • BitPay Bill Pay is a convenient and secure option to pay off balances with practically any service provider directly from BitPay's self-custody wallet application.
  • BitPay users can now use cryptocurrency to settle accounts, all without banks, wires or complicated conversion processes.

Struct Finance Transforms DeFi Landscape on Avalanche With the Launch of Tranche-based BTC.B-USDC Vaults

Retrieved on: 
Wednesday, July 12, 2023
wBTC, GLP, Liquidity, WisdomTree Investments, GMX, USDC, BlackRock, Commonwealth of Australia (US securities entity), Decentralized finance, Avalanche, WBTC, Risk, Invesco, Interest rate, BTC, Cryptocurrency, Bitcoin

In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tailored interest rate products linked to digital assets, is thrilled to announce the launch of the BTC.B-USDC Vaults.

Key Points: 
  • In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tailored interest rate products linked to digital assets, is thrilled to announce the launch of the BTC.B-USDC Vaults.
  • The tranche-based BTC.B-USDC Interest Rate Product was made possible by effectively leveraging Avalanche’s BTC.B (Bridged Bitcoin) for DeFi applications.
  • The new vault beautifully complements Struct Finance’s Genesis USDC Vaults, heralding an exciting era in DeFi yield opportunities.
  • As part of its BTC.B-USDC Vaults, Struct Finance has implemented a unique approach to managing investment risk: delta hedging.

ZKSpace Announces Launch of ZKSwap on ZKSync Era

Retrieved on: 
Thursday, July 6, 2023
ZK, NFT, Eco, ZNS, Polygon, AMM, ZKP, Sale, TPS, Non-fungible token, USDT, WBTC, ZKS, DEX, Cryptocurrency, Ethereum

SINGAPORE, July 6, 2023 /PRNewswire/ -- ZKSpace has announced the launch of its Layer 2 decentralized exchange, ZKSwap , on ZKSync Era, a Layer 2 scaling solution for Ethereum that utilizes cutting-edge ZK-Rollups technology to achieve high throughput and low fees.

Key Points: 
  • SINGAPORE, July 6, 2023 /PRNewswire/ -- ZKSpace has announced the launch of its Layer 2 decentralized exchange, ZKSwap , on ZKSync Era, a Layer 2 scaling solution for Ethereum that utilizes cutting-edge ZK-Rollups technology to achieve high throughput and low fees.
  • ZKSwap is the first Layer 2 automated market maker (AMM) DEX to use ZK-Rollups technology, offering fast and inexpensive token swaps.
  • ZKSpace's decision to deploy ZKSwap on ZKSync Era is a testament to the benefits of ZK-Rollups technology and the team's commitment to building ZK-based Layer 2 applications for all.
  • The team also plans to continue developing a cross-chain DEX and support liquidity sharing between ZKSpace and ZKSync Era.

Swaap Closes $4.5M Seed Round and Announces Upcoming v2 Launch

Retrieved on: 
Wednesday, April 19, 2023
WETH, Quantstamp, Maker, Graph, AMM, Chain-link fencing, LP record, WBTC, Architecture, EFounders, DEX, Environment, Cryptocurrency, Decentralized finance, Sam Swaap

Swaap Labs, the company building Swaap , has successfully secured over $4.5 million in seed funding.

Key Points: 
  • Swaap Labs, the company building Swaap , has successfully secured over $4.5 million in seed funding.
  • Swaap builds the Next-Generation Market Making Protocol that leverages a combination of oracles and dynamic spread for sustainable yields and reduced trading costs.
  • Swaap v2 is set to revolutionize the DeFi landscape with its new enhancements and features, further improving v1.
  • Swaap v2 further boasts innovative architecture that delivers a significant improvement in data latency, elevating the platform's overall performance.

EQS-News: Bybit Reports Surge in Trading Volume Amidst USDC Volatility

Retrieved on: 
Friday, March 17, 2023
Crypto, ARAB, USDC, Risk management, USDT, ATM, WBTC, Mastercard, AI, Cryptocurrency, Bybit

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 17 March 2023 - Bybit reports a surge in volume for USDC pairs as the world’s third most visited crypto exchange ramps up efforts to meet market demands.

Key Points: 
  • DUBAI, UNITED ARAB EMIRATES - Media OutReach - 17 March 2023 - Bybit reports a surge in volume for USDC pairs as the world’s third most visited crypto exchange ramps up efforts to meet market demands.
  • Relying on trusted platforms to navigate the recent crypto and banking volatility, customers are turning to Bybit for its rock-solid security and market depth.
  • Bybit’s spot market volume for USDC grew 1,437%, with USDC contribution to the total spot trading volume rising from 8% to 40%.
  • Bybit’s perpetual market saw the daily trading volume of the USDC/USDT pair exceeding $380 million, and the annualized funding rate reaching as high as 740%.