Cryptocurrency news

Bitcoin (BTC) $ 108,903.00
Ethereum (ETH) $ 4,462.29
XRP (XRP) $ 2.84
Tether (USDT) $ 1.00
BNB (BNB) $ 859.97
Solana (SOL) $ 204.61
USDC (USDC) $ 0.999801
Lido Staked Ether (STETH) $ 4,451.10
Dogecoin (DOGE) $ 0.218748
TRON (TRX) $ 0.342411
Cardano (ADA) $ 0.827065
Wrapped stETH (WSTETH) $ 5,400.85
Chainlink (LINK) $ 23.79
Wrapped Beacon ETH (WBETH) $ 4,810.17
Wrapped Bitcoin (WBTC) $ 108,870.00
Ethena USDe (USDE) $ 1.00
Hyperliquid (HYPE) $ 44.69
Wrapped eETH (WEETH) $ 4,784.07
Sui (SUI) $ 3.32
Stellar (XLM) $ 0.359556
Bitcoin Cash (BCH) $ 552.80
Avalanche (AVAX) $ 24.01
Cronos (CRO) $ 0.297025
WETH (WETH) $ 4,460.86
Hedera (HBAR) $ 0.224705
LEO Token (LEO) $ 9.58
Litecoin (LTC) $ 111.31
Toncoin (TON) $ 3.14
USDS (USDS) $ 0.999799
Shiba Inu (SHIB) $ 0.000012
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999992
WhiteBIT Coin (WBT) $ 42.54
Coinbase Wrapped BTC (CBBTC) $ 108,814.00
Uniswap (UNI) $ 9.86
Polkadot (DOT) $ 3.82
Ethena Staked USDe (SUSDE) $ 1.19
Bitget Token (BGB) $ 4.57
Aave (AAVE) $ 321.85
Monero (XMR) $ 263.87
Dai (DAI) $ 0.999856
Ethena (ENA) $ 0.680511
Pepe (PEPE) $ 0.000010
Mantle (MNT) $ 1.19
OKB (OKB) $ 177.04
Ethereum Classic (ETC) $ 21.13
Bittensor (TAO) $ 326.71
NEAR Protocol (NEAR) $ 2.45
Jito Staked SOL (JITOSOL) $ 250.99
Pi Network (PI) $ 0.382053
Aptos (APT) $ 4.34
POL (ex-MATIC) (POL) $ 0.274738
Ondo (ONDO) $ 0.916386
USDT0 (USDT0) $ 1.00
Arbitrum (ARB) $ 0.512398
Binance-Peg WETH (WETH) $ 4,462.79
Internet Computer (ICP) $ 4.88
USD1 (USD1) $ 1.00
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Story (IP) $ 7.82
Binance Staked SOL (BNSOL) $ 219.15
Kaspa (KAS) $ 0.085755
Cosmos Hub (ATOM) $ 4.58
VeChain (VET) $ 0.024663
Algorand (ALGO) $ 0.236474
Rocket Pool ETH (RETH) $ 5,082.41
Gate (GT) $ 16.96
sUSDS (SUSDS) $ 1.07
Fasttoken (FTN) $ 4.51
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.43
Kelp DAO Restaked ETH (RSETH) $ 4,684.96
Pudgy Penguins (PENGU) $ 0.029888
Render (RENDER) $ 3.51
KuCoin (KCS) $ 14.29
Worldcoin (WLD) $ 0.906218
Bonk (BONK) $ 0.000023
Sei (SEI) $ 0.291447
BFUSD (BFUSD) $ 0.999424
StakeWise Staked ETH (OSETH) $ 4,696.35
Official Trump (TRUMP) $ 8.40
Artificial Superintelligence Alliance (FET) $ 0.629457
Kinetiq Staked HYPE (KHYPE) $ 44.79
Liquid Staked ETH (LSETH) $ 4,818.68
Filecoin (FIL) $ 2.31
Jupiter (JUP) $ 0.502363
Flare (FLR) $ 0.021375
Sky (SKY) $ 0.065149
Lombard Staked BTC (LBTC) $ 108,800.00
USDtb (USDTB) $ 0.999969
XDC Network (XDC) $ 0.080767
Four (FORM) $ 3.93
Polygon Bridged USDT (Polygon) (USDT) $ 0.999809
Renzo Restaked ETH (EZETH) $ 4,713.99
Falcon USD (USDF) $ 0.999908
Mantle Staked Ether (METH) $ 4,791.78
Tether Gold (XAUT) $ 3,459.47
Provenance Blockchain (HASH) $ 0.026535
Injective (INJ) $ 12.98
Optimism (OP) $ 0.708893
Celestia (TIA) $ 1.64
NEXO (NEXO) $ 1.23
Pump.fun (PUMP) $ 0.003368
Jupiter Staked SOL (JUPSOL) $ 232.11
Wrapped BNB (WBNB) $ 859.82
PayPal USD (PYUSD) $ 0.999538
First Digital USD (FDUSD) $ 0.998302
Stacks (STX) $ 0.634453
Solv Protocol BTC (SOLVBTC) $ 108,651.00
Lido DAO (LDO) $ 1.23
Curve DAO (CRV) $ 0.783638
Pyth Network (PYTH) $ 0.186008
MemeCore (M) $ 0.630402
Aerodrome Finance (AERO) $ 1.18
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999788
SPX6900 (SPX) $ 1.12
Sonic (S) $ 0.319450
Immutable (IMX) $ 0.525533
Conflux (CFX) $ 0.195745
Super OETH (SUPEROETH) $ 4,465.40
PAX Gold (PAXG) $ 3,463.13
SyrupUSDC (SYRUPUSDC) $ 1.12
The Graph (GRT) $ 0.091049
Marinade Staked SOL (MSOL) $ 269.89
Raydium (RAY) $ 3.46
FLOKI (FLOKI) $ 0.000095
Saros (SAROS) $ 0.349975
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 109,241.00
ether.fi Staked ETH (EETH) $ 4,434.56
Kaia (KAIA) $ 0.150090
cgETH Hashkey Cloud (CGETH.HASH) $ 4,319.65
PancakeSwap (CAKE) $ 2.50
clBTC (CLBTC) $ 109,772.00
L2 Standard Bridged WETH (Base) (WETH) $ 4,464.20
Pendle (PENDLE) $ 4.84
dogwifhat (WIF) $ 0.811087
Theta Network (THETA) $ 0.807007
Fartcoin (FARTCOIN) $ 0.789556
Vaulta (A) $ 0.496542
Tezos (XTZ) $ 0.734026
Ethereum Name Service (ENS) $ 23.35
IOTA (IOTA) $ 0.193184
GALA (GALA) $ 0.016626
Virtuals Protocol (VIRTUAL) $ 1.15
OUSG (OUSG) $ 112.39
Jito (JTO) $ 1.94
JasmyCoin (JASMY) $ 0.014801
Ripple USD (RLUSD) $ 1.00
The Sandbox (SAND) $ 0.284501
Flow (FLOW) $ 0.432903
Loaded Lions (LION) $ 0.022688
AB (AB) $ 0.009150
Stader ETHx (ETHX) $ 4,769.42
BUILDon (B) $ 0.682488
Stables Labs USDX (USDX) $ 0.997667
Ondo US Dollar Yield (USDY) $ 1.08
Mantle Restaked ETH (CMETH) $ 4,793.52
Morpho (MORPHO) $ 2.01
Zcash (ZEC) $ 40.13
BitTorrent (BTT) $ 0.00000066
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,463.83
tBTC (TBTC) $ 108,679.00
Coinbase Wrapped Staked ETH (CBETH) $ 4,903.08
Swell Ethereum (SWETH) $ 4,827.40
Usual USD (USD0) $ 0.997646
Beldex (BDX) $ 0.077283
Decentraland (MANA) $ 0.295360
Binance-Peg Dogecoin (DOGE) $ 0.218269
Walrus (WAL) $ 0.393824
Global Dollar (USDG) $ 0.999717
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 108,802.00
Vision (VSN) $ 0.165155
Bitcoin SV (BSV) $ 26.23
Maple Finance (SYRUP) $ 0.461720
Ether.fi (ETHFI) $ 1.10
Frax Ether (FRXETH) $ 4,421.79
Starknet (STRK) $ 0.128618
TrueUSD (TUSD) $ 0.998056
Helium (HNT) $ 2.62
NEO (NEO) $ 6.88
Brett (BRETT) $ 0.048647
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,465.07
dYdX (DYDX) $ 0.614135
Solv Protocol Staked BTC (XSOLVBTC) $ 107,824.00
ApeCoin (APE) $ 0.580340
Core (CORE) $ 0.448743
Reserve Rights (RSR) $ 0.007583
APENFT (NFT) $ 0.00000045
Bybit Staked SOL (BBSOL) $ 225.16
USDD (USDD) $ 0.999324
Mantle Bridged USDT (Mantle) (USDT) $ 1.00
Axie Infinity (AXS) $ 2.67
Telcoin (TEL) $ 0.004766
Sun Token (SUN) $ 0.022891
Polygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999887
ZKsync (ZK) $ 0.060135
Savings Dai (SDAI) $ 1.16
DeXe (DEXE) $ 7.59
Arweave (AR) $ 6.56
THORChain (RUNE) $ 1.22
Fluid (FLUID) $ 6.32
MultiversX (EGLD) $ 14.65

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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