Crypto Biz: Coinbase vs. BiT Global $1B wBTC dispute

BVNK	2024-12-21 00:00

This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States. origin »

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crypto wbtc coinbase biz creditors repayment europe

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Источник: cointelegraph.com

crypto wbtc → Результатов: 56

Coinbase Faces $1 Billion Lawsuit After wBTC Suspension

Coinbase plans to delist wBTC, sparking a $1 billion lawsuit from BiT Global. The case raises questions about compliance and competition in crypto. The post Coinbase Faces $1 Billion Lawsuit After wBTC Suspension appeared first on BeInCrypto.

2024-12-18 16:03	Crypto Markets News
lawsuit wbtc billion coinbase suspension faces crypto

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Coinbase refutes ‘baseless’ BiT Global wBTC suit

No law compels Coinbase to “compromise the integrity of its platform” by doing business with Justin Sun-tied BiT Global, the U.S. crypto exchange wrote.

2024-12-18 02:26	wrapped bitcoin
global coinbase bit business doing platform justin

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BiT Global sues Coinbase for $1b over WBTC delisting

Justin Sun-backed BiT Global has sued crypto exchange Coinbase for unfairly delisting WBTC to uplift a competing Bitcoin product.

2024-12-14 23:28	justin sun
wbtc delisting bit global coinbase unfairly uplift

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WBTC price flash crashes on Binance below $6k days after Coinbase delisting

The price of Wrapped Bitcoin tanked below $6,000 on Binance just a few days after Coinbase delisted it amid liquidity concerns. Wrapped Bitcoin (WBTC), issued by crypto firm BitGo, lost nearly 95% of its value in under an hour on…

2024-11-26 13:27	wrapped bitcoin
coinbase wrapped wbtc bitcoin days binance below

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Coinbase to delist WBTC on December 19

Coinbase's delisting of wBTC may shift market dynamics, potentially increasing reliance on its own cbBTC and affecting wrapped Bitcoin liquidity. The post Coinbase to delist WBTC on December 19 appeared first on Crypto Briefing.

2024-11-20 20:51	DeFi
wbtc coinbase december delist bitcoin liquidity wrapped

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The Protocol: Justin Sun, Bitcoin Mempool Sniping, XRP for Harris, Inspirational Women

This week's issue could not be more chock-full of blockchain content. We clarify Tron founder Justin Sun's role in the WBTC project, bring you excerpts from the new crypto book "Lessons Learned" and highlight inspirational women of Web3 and AI. PLUS a photo from the stage at Cosmoverse.

2024-10-24 21:06
women inspirational justin sun excerpts new bring

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DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.

2024-9-20 00:29	DeFi
sky token loans million wbtc collateralized billion

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Crypto whale faces $28 mln WBTC liquidation: Will this affect Bitcoin?

Bitcoin whale to potentially face liquidation of $28M WBTC. The price action shows price is set for further decline. Bitcoin's [BTC] recent price action continued to frustrate traders as uncThe post Crypto whale faces $28 mln WBTC liquidation: Will this affect Bitcoin? appeared first on AMBCrypto.

2024-9-12 04:00	BTC Trading View
bitcoin liquidation wbtc price whale crypto affect

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LayerZero becomes BitGo’s official interoperability protocol for WBTC

BitGo has selected LayerZero as the digital asset custody provider’s official interoperability provider for the Wrapped Bitcoin token. On Sept. 10, LayerZero (ZRO) announced that BitGo now uses LayerZero’s Omnichain Fungible Token standard for the crypto company’s Wrapped Bitcoin (WBTC).…

2024-9-11 21:22	Interoperability
layerzero bitgo provider bitcoin token wrapped official

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'Justin Sun, WBTC are the second-largest risk in crypto:' 12K withdrawal sparks fears

Justin Sun downplayed risk USDD fears after withdrawing its 12K BTC collateral. Despite the reassurance, an analyst viewed Sun as a likely risk factor in the space. Tron [TRX] founder JuThe post 'Justin Sun, WBTC are the second-largest risk in crypto:' 12K withdrawal sparks fears appeared first on AMBCrypto.

2024-8-24 03:00	News
risk sun justin 12k fears sparks wbtc

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Coinbase teases new wrapped Bitcoin product amid ongoing WBTC controversy

Coinbase has set the crypto community abuzz with speculation following a cryptic hint about a potential new wrapped Bitcoin product, tentatively called “cbBTC.” The news came courtesy of an Aug. 14 post on Coinbase’s official X account which simply stated…

2024-8-15 10:19	justin sun
coinbase product bitcoin wrapped new aug cbbtc

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Coinbase hints at possible wrapped Bitcoin token launch

Coinbase's potential wrapped Bitcoin token could reshape DeFi dynamics, offering a new alternative amid existing WBTC controversies. The post Coinbase hints at possible wrapped Bitcoin token launch appeared first on Crypto Briefing.

2024-8-15 08:45	Bitcoin
token coinbase wrapped bitcoin hints possible launch

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Hacker returns $47 million in ETH to scam victim

A victim who lost $71 million in a WBTC scam is receiving over $47 million back in Ether, amid speculation of tax evasion motives. The post Hacker returns $47 million in ETH to scam victim appeared first on Crypto Briefing.

2024-5-12 18:19
million victim scam hacker returns eth motives

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Crypto scammer returns $34.7 million in stolen assets after victim offers bounty

The crypto scammer who stole 1,155 Wrapped Bitcoin (WBTC), equivalent to $70. 5 million, has begun returning the funds, according to on-chain data. Blockchain security firm Peckshield reported that the attacker had returned 50% of the stolen funds— approximately 11,446.

2024-5-11 16:25	wrapped bitcoin
funds crypto stolen million scammer firm according

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WBTC thief spreads $71M loot across multiple crypto wallets

Stolen crypto from a $71 million wallet impersonation scam is on the move after six days of dormancy.

2024-5-8 11:07
crypto scam impersonation wallet million dormancy days

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How One Crypto Trader Lost $71 Million in Bitcoin Due to a Phishing Attack

In a shocking incident reported by on-chain data analysis firm LookOnChain, an anonymous cryptocurrency trader fell victim to a devious phishing scam, resulting in the loss of 1,155 Wrapped Bitcoin (WBTC) tokens, valued at $71 million at the time of the incident.

2024-5-4 21:15	Latest News
bitcoin incident phishing trader million resulting devious

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Investor loses $71 million in WBTC, tricked by poisoned address

An investor lost over $71 million in WBTC to a poisoned address scam, as reported by blockchain security experts CertiK and Cyvers. The post Investor loses $71 million in WBTC, tricked by poisoned address appeared first on Crypto Briefing.

2024-5-4 20:06	security
poisoned investor wbtc address million tricked loses

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Crypto trader loses $70.5 million in address poisoning scam, highest recorded yet

Blockchain security firm Cyvers Alert reported that an unnamed crypto trader lost 1,155 Wrapped Bitcoin (WBTC), equivalent to $70. 5 million worth, to address poisoning. The firm said: “Are we mistaken, or has someone truly lost $68 million worth of WBTC? Our system has detected another address falling victim to address poisoning, losing 1,155 WBTC.

2024-5-3 18:45	wrapped bitcoin
address poisoning wbtc million lost 155 worth

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Exploiter Steals $68M Worth of Crypto Through Address Poisoning

A cryptocurrency user has lost $68 million worth of wrapped bitcoin (WBTC) after falling victim to an "address poisoning" exploit, according to blockchain security firm CertiK.

2024-5-4 17:07
poisoning address worth certik victim falling according

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WBTC loses its peg to Bitcoin on Justin Sun-backed Poloniex

Justin Sun’s crypto exchange Poloniex sees WBTC trading at a 20% discount, raising concerns over its peg to Bitcoin. The price of Wrapped Bitcoin (WBTC) on Poloniex in a trading pair with BTC has dropped by 22%, raising concerns over…

2024-4-30 14:01	wrapped bitcoin
wbtc bitcoin poloniex concerns trading raising justin

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NEXO-Tagged Address Withdraws Wrapped Btc Worth $153 Million USD From MakerDAO.

The Nexo-addressed Crypto pocketbook makes a large withdrawal of wrapped Bitcoin (wBTC) of up to $153 million USD from MakerDAO. This development comes amidst a predicted drop in NEXO rates. Nexo Takes Out $153 Million USD in Bitcoin. Just recently,…

2022-10-2 20:00	DEX
usd 153 million bitcoin nexo makerdao wrapped

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Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?

The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market.

2022-7-8 07:04
lead dumping could transfer 500 market bitcoin

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Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff

The move comes just after the crypto lender reclaimed 22,000 WBTC as collateral of its loan on DeFi lending protocol Maker, blockchain data shows.

2022-7-8 23:58	Markets
crypto loan collateral wbtc lending data shows

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Wrapped Bitcoin (WBTC) listed on Blockchain.com Exchange

Blockchain. com, a crypto services company, announced that starting today, users can now deposit, trade, and withdraw Wrapped Bitcoin (WBTC) on the Blockchain. com Exchange Upon launch, trading markets available include WBTC/USD, WBTC/USDT, and WBTC/USDC.

2021-8-24 04:01
wbtc blockchain wrapped exchange bitcoin launch withdraw

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Australian crypto exchange CoinJar lists BAL, ENJ, GRT, MATIC, USDT, and WBTC

CoinJar, a popular Australian-based bitcoin/crypto exchange, today announced it has listed six new coins including BAL, ENJ, GRT, MATIC, ESDT, and WBTC. From today, users will be able to buy and sell all of these coins on CoinJar; joining the 24 cryptocurrencies that users can already trade, store and send.

2021-6-24 06:47
coinjar matic coins users grt wbtc enj

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4 Million Dai Stablecoins Minted with wBTC; DeFi Gains A Boost from Bitcoin’s Liquidity

MakerDao, Ethereum's largest DeFi, has facilitated the minting of over 4 million Dai stablecoins based on its newly added synthetic Bitcoin, wBTC. This transaction was initiated by Nexo, a crypto lending platform, on May 20.

2020-5-22 22:36	dai
defi million wbtc bitcoin stablecoins dai transaction

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Why $4M Dai Made From WBTC Matters for DeFi’s Maturation

Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.

2020-5-21 22:55	WBTC
matters wbtc dai synthetic using makerdao bitcoin

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MakerDAO Adds Tokenized Bitcoin While DAI Faces a Crisis of Confidence

Bitcoin can now be used as collateral in a tokenized form on MakerDAO’s algorithmically dollar pegged crypto token DAI. “WBTC will help bring greater liquidity to the Ethereum and decentralized.

2020-5-7 22:46	#tokens
makerdao bitcoin dai tokenized wbtc crypto pegged

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Flashloan Haxor Sent WBTC’s Price to $4,000 on Kyber

The price of tokenized bitcoin briefly went to $4,000 on the ethereum based crypto broker Kyber as pictured above due to price manipulation through flashloans by a skilled coder this... The post Flashloan Haxor Sent WBTC’s Price to $4,000 on Kyber appeared first on Trustnodes.

2020-2-18 19:34	Smart Contracts
price kyber haxor sent wbtc flashloan skilled

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Trader Exploits bZx Oracle for $330,000 Profit

A trader took full advantage of bZx’s use of a price oracle by crashing the price of wBTC after opening a 5,000 ETH wBTC short on the platform. Breaking Down...The post Trader Exploits bZx Oracle for $330,000 Profit appeared first on Crypto Briefing.

2020-2-18 20:13	Business
trader bzx oracle exploits price wbtc 330

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Wrap Your Head Around This: BTC Is Now Featured as a Token on Ethereum

It happened: Bitcoin is now an Ethereum token. Wrapped Bitcoin (WBTC), an ERC-20 token with a 1-1 peg to bitcoin, went live on the Ethereum network on the final day of January, “the first token that makes Bitcoin compatible with the Ethereum chain,” its architects say.

2019-2-2 00:04	ethereum
wbtc bitcoin network ethereum token custodian liquidity

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Wrapped Bitcoin Launches On Ethereum With $227K Injection

Wrapped Bitcoin (WBTC) has officially launched on Ethereum (ETH), allowing users to make bitcoin-based transactions on a different blockchain. With more than 20 launch partners and approximately 227K worth of WBTC already on the network, the project may be looking to take the lead over its main competitor, Wanchain (WAN).

2019-1-31 03:59
227k wbtc ethereum wrapped bitcoin officially launches

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WBTC will Bring Bitcoin-Backed Tokens to Ethereum

A new project called Wrapped Bitcoin (WBTC) will soon allow Bitcoin-backed tokens to be circulated on Ethereum. The token’s release has been scheduled for January 2019. WBTC will combine the strengths of two leading coins.

2018-10-28 19:08	Cryptocurrency News
wbtc ethereum bitcoin bitcoin-backed tokens crypto bring

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WBTC: Wrapped Bitcoin Project Aims To Bridge BTC And Ethereum

A gulf separates the Bitcoin (BTC) and Ethereum (ETH) networks. Although many investors hold both assets, they have so far been unable to use them together in any meaningful way. A new initiative now wants to enable traders to get as close as they can to using bitcoin on the Ether network, gaining access to […] The post WBTC: Wrapped Bitcoin Project Aims To Bridge BTC And Ethereum appeared first on Crypto Briefing.

2018-10-26 14:00
bitcoin ethereum btc wrapped bridge project aims

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