Wrapped Bitcoin Launches on Hedera With BitGo Support

Published at 2025-11-14 14:24:53

Hedera announced the launch of Wrapped Bitcoin (WBTC) on its network in an official update, with BitGo providing custodial support for the underlying BTC. The wrapped token gives BTC holders a way to move value into Hedera-native decentralized finance applications without liquidating their bitcoin, addressing rising demand for cross-chain liquidity solutions.

The integration could expand capital inflows and utility for HBAR by enabling lending, AMMs and yield strategies that accept WBTC. BitGo’s involvement may reassure institutional users by reducing custody friction, though wrapping introduces custody counterparty risk. Overall, the launch reinforces a broader industry trend of bridging major assets onto alternative chains to unlock new DeFi rails and liquidity pools.

BitGoDeFiHederaHBARBitcoinWrapped Bitcoin

Share on:

The Bitcoin Policy Institute has pushed back on Basel-derived capital rules it calls “toxic,” urging U.S. regulators to treat Bitcoin appropriately as the Federal Reserve advances proposals to implement the Basel framework. The group's action could influence how banks are allowed to custody, lend, or hold crypto exposures.

RegulationBitcoinPolicyBaselFederal Reserve

Published at 2026-03-13 06:00:09

Trader’s Botched Ethereum Swap Turns $50M into $36,000

On March 12, 2026 a single Ethereum transaction reportedly converted about $50 million in assets into roughly $36,000, creating one of the largest on‑chain losses seen recently. The error appears linked to a misconfigured swap — highlighting continued execution risks in DeFi.

EthereumDeFiRiskSwap

Published at 2026-03-13 00:15:23

Crypto Investor Wipes Out $50M, Left With Just $36K

An investor reportedly lost roughly $50 million and was left with $36,000 after repeatedly accepting slippage warnings on a mobile interface, Aave founder Stani Kulechov said. The incident underscores ongoing front-end and human-error risks in DeFi trading.

DeFiAaveLossCryptoSlippage

Published at 2026-03-12 22:30:10

Ray Dalio: Bitcoin Can't Replace Gold as Store of Value

On March 12, 2026, Ray Dalio argued Bitcoin cannot supplant gold, citing central bank demand and gold’s mature, time-tested market. He said BTC behaves more like a high-risk asset than a stable hedge.

BitcoinGoldRay DalioStore Of ValueCentral BanksMacro

Published at 2026-03-12 19:00:23

Crypto Rebounds as Trump Team Considers Jones Act Suspension

Bitcoin reclaimed the $70,000 level as markets rallied after White House Press Secretary Karoline Leavitt said the Trump administration is considering a temporary suspension of the Jones Act to ease oil prices. Traders priced in lower energy costs, boosting risk-on flows.