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Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc, Renbtc, Sbtc, and more. During the last two […]
The post Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors appeared first on Bitcoin News.
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Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. Just recently, the platform Synthetix revealed a partnership with Bitgo and the Ren Project […]
The post Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain appeared first on Bitcoin News.
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This week the RSK Labs development team launched a new service that provides programmers with a variety of tools to build decentralized applications. According to RSK, the ‘Dapp’ platform will provide developers with a great deal of infrastructure services all in one place. Also read: RSK Mines Its Genesis Block – Bitcoin Now Has an Ethereum-Like […]
The post RSK Labs Launches Decentralized App Infrastructure Service appeared first on Bitcoin News.
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The number of active and upcoming Bitcoin hard forks is quite stunning. While most people may only be able to name one or two forks, there are quite a few other projects out there as well. Super Bitcoin, for example, is one of the more recent hard forks. Although it has flown under most people’s radars, there is a genuine interest in the project. It also has the support of quite a few cryptocurrency exchanges right now. Super Bitcoin is a Live Hard Fork The year 2017 has produced many different versions of Bitcoin, each with its own unique features, aspects, and goals. It is evidentPowered by WPeMatico