tBTC (TBTC) is a tokenized version of Bitcoin (BTC) on the Ethereum blockchain, enabling Bitcoin holders to access Ethereum's decentralized finance (DeFi) services, smart contracts, and dApps. Launched by the Keep Network, tBTC operates as a smart contract, holding an equivalent value of Bitcoin in a secure custody arrangement. Users can deposit Bitcoin and receive tBTC tokens in return, which can be used within the Ethereum ecosystem. By bridging the two largest blockchain networks, tBTC enhances interoperability, expanding the utility of both Bitcoin and Ethereum for users and developers alike. This innovative solution allows users to maintain their Bitcoin holdings while participating in DeFi, lending, borrowing, and yield farming opportunities on the Ethereum network.
Hayden Adams says Uniswap's annualized UNI burn rate has topped $250 million, up from $200 million days earlier as UNI trades near $7.00.
Bitcoin traded near $79,100 as jobless claims, August CPI and the Sept. 15-16 FOMC decision loom, with hike odds at roughly 57%.
The Financial Conduct Authority held talks with trading platforms about easing retail binary options ban keeping Kalshi, Polymarket out of UK.
Jupiter has integrated its Gacha trading card product natively into its mobile app, allowing users to claim physical and graded cards in-app.
Discover how the Chelsea USDC sponsorship has sparked fears of legal issues for Hong Kong fans regarding stablecoin regulations.
