Cryptocurrency news

Bitcoin (BTC) $ 77,254.00
Ethereum (ETH) $ 2,430.79
Tether (USDT) $ 1.00
XRP (XRP) $ 1.49
BNB (BNB) $ 642.43
USDC (USDC) $ 0.999946
Solana (SOL) $ 89.86
TRON (TRX) $ 0.324866
Lido Staked Ether (STETH) $ 2,265.05
Figure Heloc (FIGR_HELOC) $ 1.03
Dogecoin (DOGE) $ 0.100948
WhiteBIT Coin (WBT) $ 56.38
USDS (USDS) $ 0.999837
Hyperliquid (HYPE) $ 44.83
Cardano (ADA) $ 0.265474
Wrapped stETH (WSTETH) $ 2,779.67
LEO Token (LEO) $ 10.10
Bitcoin Cash (BCH) $ 457.36
Wrapped Bitcoin (WBTC) $ 76,243.00
Chainlink (LINK) $ 9.79
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
MemeCore (M) $ 3.75
Wrapped Beacon ETH (WBETH) $ 2,466.93
Monero (XMR) $ 350.90
Zcash (ZEC) $ 353.33
Ethena USDe (USDE) $ 0.999857
Wrapped eETH (WEETH) $ 2,465.31
Canton (CC) $ 0.150662
Stellar (XLM) $ 0.173453
sUSDS (SUSDS) $ 1.08
Litecoin (LTC) $ 57.15
Dai (DAI) $ 0.999971
Avalanche (AVAX) $ 9.89
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
USD1 (USD1) $ 0.999725
PayPal USD (PYUSD) $ 0.999889
RaveDAO (RAVE) $ 16.68
WETH (WETH) $ 2,268.37
Sui (SUI) $ 1.04
Hedera (HBAR) $ 0.093053
Rain (RAIN) $ 0.007981
USDT0 (USDT0) $ 0.998824
Shiba Inu (SHIB) $ 0.000006
Toncoin (TON) $ 1.42
Cronos (CRO) $ 0.073139
Circle USYC (USYC) $ 1.12
Tether Gold (XAUT) $ 4,848.68
World Liberty Financial (WLFI) $ 0.083737
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Ethena Staked USDe (SUSDE) $ 1.22
Bittensor (TAO) $ 257.89
PAX Gold (PAXG) $ 4,854.52
Mantle (MNT) $ 0.690087
Global Dollar (USDG) $ 0.999966
Polkadot (DOT) $ 1.34
Uniswap (UNI) $ 3.51
NEAR Protocol (NEAR) $ 1.43
OKB (OKB) $ 87.29
Pi Network (PI) $ 0.180857
Sky (SKY) $ 0.078717
Little Pepe (LILPEPE) $ 2.16
Falcon USD (USDF) $ 0.998060
Aave (AAVE) $ 116.33
syrupUSDC (SYRUPUSDC) $ 1.15
Pepe (PEPE) $ 0.000004
Aster (ASTER) $ 0.695729
HTX DAO (HTX) $ 0.000002
USDD (USDD) $ 1.00
Janus Henderson Anemoy Treasury Fund (JTRSY) $ 1.10
Internet Computer (ICP) $ 2.67
Ripple USD (RLUSD) $ 0.999931
Ethereum Classic (ETC) $ 8.85
Ondo US Dollar Yield (USDY) $ 1.13
Ondo (ONDO) $ 0.274005
Bitget Token (BGB) $ 1.90
BFUSD (BFUSD) $ 1.00
Pump.fun (PUMP) $ 0.002056
KuCoin (KCS) $ 8.82
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
Quant (QNT) $ 78.96
Gate (GT) $ 7.39
Morpho (MORPHO) $ 1.96
Algorand (ALGO) $ 0.117058
Worldcoin (WLD) $ 0.315295
Jito Staked SOL (JITOSOL) $ 124.46
Ethena (ENA) $ 0.117745
Spiko EU T-Bills Money Market Fund (EUTBL) $ 1.24
Kelp DAO Restaked ETH (RSETH) $ 2,404.69
Kaspa (KAS) $ 0.036822
Render (RENDER) $ 1.95
Binance-Peg WETH (WETH) $ 2,262.26
United Stables (U) $ 0.999801
POL (ex-MATIC) (POL) $ 0.090469
Rocket Pool ETH (RETH) $ 2,631.35
Cosmos Hub (ATOM) $ 1.85
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
NEXO (NEXO) $ 0.926659
USDtb (USDTB) $ 1.00
Wrapped BNB (WBNB) $ 759.61
Superstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 11.05
Function FBTC (FBTC) $ 76,389.00
Arbitrum (ARB) $ 0.134301
Aptos (APT) $ 1.00
Filecoin (FIL) $ 1.00
Blockchain Capital (BCAP) $ 82.76
Flare (FLR) $ 0.008385
syrupUSDT (SYRUPUSDT) $ 1.11
Official Trump (TRUMP) $ 3.06
Jupiter (JUP) $ 0.189050
VeChain (VET) $ 0.007467
Binance Staked SOL (BNSOL) $ 108.24
XDC Network (XDC) $ 0.032261
Midnight (NIGHT) $ 0.037470
Beldex (BDX) $ 0.080196
OUSG (OUSG) $ 114.94
Provenance Blockchain (HASH) $ 0.010433
Bonk (BONK) $ 0.000007
NEW X CEO IS BACK (XFLOKI) $ 0.506041
Polygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999720
GHO (GHO) $ 0.999725
Solv Protocol BTC (SOLVBTC) $ 76,461.00
Stable (STABLE) $ 0.026288
Lombard Staked BTC (LBTC) $ 76,491.00
YLDS (YLDS) $ 0.999836
Usual USD (USD0) $ 0.998443
JUST (JST) $ 0.064714
clBTC (CLBTC) $ 76,920.00
DeXe (DEXE) $ 11.77
PancakeSwap (CAKE) $ 1.65
Artificial Superintelligence Alliance (FET) $ 0.238153
LayerZero (ZRO) $ 2.03
Virtuals Protocol (VIRTUAL) $ 0.784690
Pudgy Penguins (PENGU) $ 0.008079
StakeWise Staked ETH (OSETH) $ 2,419.84
TrueUSD (TUSD) $ 0.999218
Siren (SIREN) $ 0.684822
Kinetiq Staked HYPE (KHYPE) $ 33.97
A7A5 (A7A5) $ 0.012337
tBTC (TBTC) $ 70,942.00
Dash (DASH) $ 37.93
WrappedM by M0 (WM) $ 1.00
Stacks (STX) $ 0.247137
ADI (ADI) $ 4.38
Chiliz (CHZ) $ 0.041871
EURC (EURC) $ 1.18
edgeX (EDGE) $ 1.24
Monad (MON) $ 0.036405
c8ntinuum (CTM) $ 0.087592
Ether.fi (ETHFI) $ 0.511549
Mantle Staked Ether (METH) $ 2,455.82
Tezos (XTZ) $ 0.383255
First Digital USD (FDUSD) $ 0.999404
Polygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999983
Venice Token (VVV) $ 8.88
Sei (SEI) $ 0.059942
Resolv wstUSR (WSTUSR) $ 1.13
COCA (COCA) $ 1.30
Janus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.03
Aerodrome Finance (AERO) $ 0.434188
USX (USX) $ 0.999744
Doge Strategy (DOGESTR) $ 0.288297
Liquid Staked ETH (LSETH) $ 2,406.26
Celestia (TIA) $ 0.413541
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 76,200.00
Kinesis Gold (KAU) $ 155.71
PRIME (PRIME) $ 1.03
Decred (DCR) $ 21.20
Lido DAO (LDO) $ 0.430208
Wrapped Flare (WFLR) $ 0.009961
Curve DAO (CRV) $ 0.240214
Sun Token (SUN) $ 0.018573
L2 Standard Bridged WETH (Base) (WETH) $ 2,266.86
币安人生 (BinanceLife) (币安人生) $ 0.352761
Steakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
SPX6900 (SPX) $ 0.371329
Injective (INJ) $ 3.46
Conflux (CFX) $ 0.064941
AINFT (NFT) $ 0.00000034
Bitcoin SV (BSV) $ 16.54
Binance-Peg XRP (XRP) $ 1.59
Gnosis (GNO) $ 124.16
Ether.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
Renzo Restaked ETH (EZETH) $ 2,421.84
BitTorrent (BTT) $ 0.00000033
DoubleZero (2Z) $ 0.093739
Noon (NOON) $ 0.751949
sBTC (SBTC) $ 77,039.00
Plasma (XPL) $ 0.135887
FLOKI (FLOKI) $ 0.000033
Kinesis Silver (KAG) $ 82.09
Jupiter Staked SOL (JUPSOL) $ 115.56
USDai (USDAI) $ 1.00
Savings USDD (SUSDD) $ 1.03
Kaia (KAIA) $ 0.051029
JasmyCoin (JASMY) $ 0.005846
Maple Finance (SYRUP) $ 0.247864
Marinade Staked SOL (MSOL) $ 133.18
Optimism (OP) $ 0.135264
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06
Pyth Network (PYTH) $ 0.049478

Solv Protocol launches Bitcoin staking for cbBTC holders on Base

By admin On Sep 12, 2024

Binance Labs-backed Solv Protocol is bringing Bitcoin staking to Base via the newly launched Coinbase wrapped Bitcoin token, cbBTC.

On Sept. 12, Coinbase revealed that its cbBTC token was now live on Ethereum (ETH) and the layer 2 chain Base. Solv Protocol shared news of its launch of Bitcoin (BTC) staking on Base via in a press release shared with cypto.news.

The platform says the unveiling of the cbBTC token, which is backed 1:1 by BTC holdings on Coinbase, offers another opportunity for users on Base to leverage their bitcoin in the decentralized finance market.

You might also like: eToro to cease all crypto trading except BTC, BCH, ETH

cbBTC holders to mint SolvBTC to participate in DeFi

According to Solv Protocol, cbBTC holders can tap into DeFi opportunities by minting SolvBTC. Notably, users can broaden their participation in the market by converting SolvBTC into SolvBTC.BBN, a liquid staking token offering access to further Bitcoin staking yields.

Integrating cbBTC as a reserve asset is a significant step towards unifying Bitcoin liquidity and making the Bitcoin DeFi experience more accessible to users.

Ryan Chow, co-founder of Solv Protocol.

Coinbase’s launch of cbBTC allows its BTC holders to convert assets to the new wrapped token, much like BTC holders have done with wrapped Bitcoin (WBTC).

For cbBTC, the process will involve the transfer of Bitcoin from user accounts to either Base or Ethereum addresses. The BTC converts to cbBTC and can be used across DeFi protocols such as MakerDAO (MKR), Aave (AAVE) and Compound (COMP).

Solv Protocol adds to this growing market with its liquid staking token, SolvBTC.

Other platforms offering liquid staking or restaking opportunities to the Bitcoin community include Lombard Finance, Swell, and AcreBTC.

Read more: Solv Protocol attracts over 12k BTC investment, integrates Babylon partnership

Source

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