Coinbase Wrapped BTC ("cbBTC") is a token that is backed 1:1 by native Bitcoin (BTC) held by Coinbase, meaning that for all cbBTC in circulation, there is an equivalent amount of BTC held in a ...

Base gets its heightened activity from high-liquidity trading and moving cbBTC, the newly issued wrapped BTC token. The other source of activity is AI agents, after Virtuals Protocol launched on Base.

uBTC is a tokenized version of Bitcoin (BTC) that runs on multiple blockchains including Base, Polygon, and Arbitrum. uBTC is an ERC-20 token, allowing it to be fully integrated into the DeFi ...

Wrapped Bitcoin is the tokenized version of the premier digital asset Bitcoin. It was developed by BitGo, Kyber Network, and Ren to plug into the booming decentralized finance (DeFi) ecosystem.

along with other L2 solutions or wrapped tokens. BTC, as a base layer, could start receiving fees from its L2 chains or other projects, following the model of Ethereum.

A number of crypto-linked stocks and exchange-traded funds were headed for losses in February as the selloff in bitcoin (BTC-USD) and ethereum (ETH-USD) put the cryptocurrencies in line for their ...