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In an effort to create a financial ecosystem around the wallet application, SovereignWallet company develops what it calls the “Algorithmic central bank” for the platform, along with the “Meta blockchain”, capable of using different protocols. Combined, these services allow any user to issue a valuable token and convert it into ... read more

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Although many pundits disagree on the short-term prospects for digital assets, the push for adoption is a bandwagon that crypto investors, insiders, and leaders alike can easily hop onto. Hence why many were over the moon, so to speak, when Changpeng Zhao revealed that Binance Coin (BNB), an ERC20 token ... read more

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One of the main selling points of decentralized exchanges (DEXs) is that tokens can be traded almost instantly. There’s no lengthy sign-up process and no interminable wait for know your customer (KYC) checks to be performed. But then IDEX, the leading Ethereum DEX, announced that it would be emulating centralized ... read more

BitGo, Kyber Network and Republic Protocol have joined forces to introduce WBTC - Ethereum-based cryptocurrency backed by Bitcoin. ... read more

We all know what BTC, BCC, and ETH are. But new to the reader may be symbol WBTC – short for “wrapped Bitcoin,” which will essentially be a token on the Ethereum blockchain tied directly to the value of Bitcoin. A combined effort of Kyber Network, Republic Protocol and BitGo, ... read more

BTC is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will introduce ”BTC-backed” WBTC, with the W standing for “wrapped.” When WBTC launches in January 2019, it will enable ethereum-based ”bitcoin” to be traded on DEXs, boosting liquidity and opening ... read more

Meet Wrapped Bitcoin, BTC On The Ethereum Blockchain Although it is clear that the creation of Bitcoin indirectly parented the Ethereum project, arguably the second-most successful blockchain, moves have recently been made to develop BTC-backed, Ethereum-based tokens, which is an abstract concept in and of itself. To bring clarity to this ... read more

submitted by /u/ShaneMkt [link] [comments] ... read more