uniBTC is a liquid restaking token that allows users to stake their wBTC on Ethereum and earn BTC-native yields via Babylon’s Bitcoin staking protocol, all while maintaining full liquidity. Minted through Bedrock’s LRT framework, 1 uniBTC is always redeemable for 1 wBTC, with rewards accruing directly in the token’s value. Built as a secure ERC-20 token with audited contracts, uniBTC provides wBTC holders access to staking yield, composable DeFi use cases, and on-chain readability, all without locking funds or relying on centralized intermediaries.
A Nomic bug minted unbacked nBTC, blew a 36% hole in an Osmosis bitcoin fund and somehow went unnoticed for 74 days.
Bitcoin fell under $77K after hot U.S. PPI data fueled Fed rate hike fears, driving $562M in crypto liquidations.
Nasdaq Ventures will invest $100 million in Kraken parent Payward as the firms expand their tokenized stock partnership.
Coinbase CEO Brian Armstrong says bitcoin has likely bottomed as stablecoins, tokenization and crypto growth gain steam.
Liquid's phased resumption follows a major exploit. Read about the Liquid team's actions post-hack and future security plans.
