[ad_2][ad_1] Wrapped Filecoin (WFIL) launched its Mainnet, linking Filecoin to Ethereum to initiate adoption and development by providing access to DeFi liquidity to storage miners and Filecoin holders, and freeing up new emerging services on Ethereum. WFIL is an ERC20 wrapper on Filecoin, supported by Filecoin deposits on a custody …
Read More »Wrapped bitcoin “burns” rises as traders rotate capital out of DeFi cooling
[ad_2][ad_1] Wrapped bitcoin, the bitcoin-backed token on Ethereum that is now worth over $ 2 billion, has seen an increase in burns (or “discards”) from some of its largest users as the Ethereum-based decentralized finance industry continues to cool down. BitGo clients, including Three Arrows Capital and Alameda Research, are …
Read More »London’s Blockchain.com Extends Partnership With CoinShares To Support Gold Backed “Wrapped” Crypto Token
[ad_2][ad_1] Amadeo Pellicce, Product Manager of Blockchain.com, a leading provider of cryptocurrency and blockchain exploration services, notes that last year they partnered with digital asset firm CoinShares to introduce DGLD, a crypto-asset representing physical allocated gold. which is safely stored in a Swiss vault. Pellicce says a common request from …
Read More »Ethereum is now a token wrapped on the Tron (TRX) network
[ad_2][ad_1] Quick grip: Justin Sun announced the launch of Ethereum wrapped on the Tron network The token goes to the ETHTRON ticker The Wrapped Ethereum injects the value of ETH onto the Tron network It is available on Poloniex and redeemable at a 1: 1 ratio with actual Ethereum The …
Read More »Wrapped Filecoin arrives on DeFi on Ethereum
[ad_2][ad_1] In the letter Anchorage, a cryptocurrency custodian services provider, has partnered with Tokensoft to bring wrapped Filecoin to DeFi markets. Wrapped Filecoin uses third-party custodians to create 1: 1 replicas of Filecoin’s native FIL token on other blockchains, such as Ethereum. Filecoin is also working with other cross-chain wrapping …
Read More »Stretched thin? Wrapped Bitcoin assets can encourage the supply crisis
[ad_2][ad_1] In a blog post on Friday, Binance reintroduced BTCB to the world, a wrapped Bitcoin asset intended to bring liquidity from the world’s largest cryptocurrency, BTC, to the Binance Smart Chain’s DeFi (decentralized finance) ecosystem. However, hodlers may be encouraging renewed interest in BTCB for a different reason – …
Read More »Ethereum Classic Labs Launches Wrapped ETC (wETC); Opening the decentralized finance (DeFi) market
[ad_2][ad_1] Ethereum Classic has announced the launch of ETC (wETC) wrapped to act as a gateway to the Ethereum blockchain, which is today a major playing field for decentralized finance (DeFi) applications. The announcement, which came on Wednesday, means ETC users will have seamless access to the DeFi ecosystem without …
Read More »Ethereum Classic Labs launches Wrapped ETC to facilitate DeFi participation by the Ethereum Classic community
[ad_2][ad_1] The realities of a global pandemic and economic crisis are solidifying DeFi as an integral part of the rapidly expanding digital economy. SAN FRANCISCO (PRWEB) November 18, 2020 Ethereum Classic Labs (ETC Labs), the main proponent of the Ethereum Classic blockchain, releases Wrapped ETC (WETC) to include Ethereum Classic …
Read More »Ethereum Classic gets DeFi treatment with ETC wrapped
[ad_2][ad_1] Ethereum Classic wants to play in the decentralized finance (DeFi) space of the blockchain from which it controversially split in 2016. Announced Wednesday, Ethereum Classic Labs, ETC’s biggest blockchain advocate, has released Wrapped ETC (WETC), an ERC-20 token that allows ETC holders to participate in Ethereum-based DeFi services such …
Read More »Binance Unveils Wrapped Tokens for Ethereum
[ad_2][ad_1] Image from Shutterstock On November 12, Binance announced the launch of its new set of wrapped tokens for the Ethereum blockchain. Users can now convert some of their digital assets back and forth between Binance Smart Chain and the Ethereum ecosystem to explore various new decentralized apps and projects. …
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