
Kraken launches kBTC as competition heats up in wrapped Bitcoin market
Kraken's kBTC has around 100 tokens in supply, with the majority held on the Ethereum blockchain.

Kraken's kBTC has around 100 tokens in supply, with the majority held on the Ethereum blockchain.

Over 60% of Ethereum stakers are in profit despite the asset's price challenges.

Coinbase said it would urge its users to conver to compliant stablecoins like Circle's USDC.

Several crypto-related firms have revealed intentions to pursue a public listing this year.

Coinbase's wrapped Bitcoin product cbBTC continues to face significant challenges over its transparency.

The Swiss exchange SIX hopes to leverage favorable regulations for asset managers with crypto trading launch.

Coinbase-backed nonprofit Stand With Crypto Alliance is leading efforts to set up a legal fund for creators impacted by enforcement actions.

Market observers said cbBTC will eat into WBTC's market share and boost Base's DeFi activity.

21Shares strengthens crypto ETF security with new custodians amid North Korean hacking threats.

Coinbase said its Bitcoin Wrapper product cbBTC is supported across major DeFi protocols, including AAVE.

Despite the decline, the top three US crypto exchanges by volume now control nearly 90% of the market.

Kamala Harris has yet to publicly espouse her position on the emeging industry despite the growing support.