Cryptocurrency news

Bitcoin (BTC) $ 95,435.00
Ethereum (ETH) $ 3,314.34
Tether (USDT) $ 0.999545
XRP (XRP) $ 2.14
BNB (BNB) $ 937.16
USDC (USDC) $ 0.999813
Lido Staked Ether (STETH) $ 3,316.32
TRON (TRX) $ 0.303379
Dogecoin (DOGE) $ 0.146747
Cardano (ADA) $ 0.416709
Figure Heloc (FIGR_HELOC) $ 1.03
Wrapped stETH (WSTETH) $ 4,060.40
Monero (XMR) $ 716.45
WhiteBIT Coin (WBT) $ 57.15
Wrapped Beacon ETH (WBETH) $ 3,606.67
Bitcoin Cash (BCH) $ 604.31
Wrapped Bitcoin (WBTC) $ 95,180.00
Wrapped eETH (WEETH) $ 3,600.04
Chainlink (LINK) $ 14.03
USDS (USDS) $ 1.00
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999636
WETH (WETH) $ 3,313.12
LEO Token (LEO) $ 8.69
Stellar (XLM) $ 0.241083
Coinbase Wrapped BTC (CBBTC) $ 95,441.00
Sui (SUI) $ 1.83
Zcash (ZEC) $ 419.12
Ethena USDe (USDE) $ 0.999690
Avalanche (AVAX) $ 14.52
Hyperliquid (HYPE) $ 26.20
Litecoin (LTC) $ 78.80
Hedera (HBAR) $ 0.124190
Canton (CC) $ 0.140155
Shiba Inu (SHIB) $ 0.000009
World Liberty Financial (WLFI) $ 0.180455
USDT0 (USDT0) $ 0.999773
Dai (DAI) $ 1.00
sUSDS (SUSDS) $ 1.08
Toncoin (TON) $ 1.79
Cronos (CRO) $ 0.103277
Ethena Staked USDe (SUSDE) $ 1.21
Polkadot (DOT) $ 2.26
Uniswap (UNI) $ 5.73
PayPal USD (PYUSD) $ 1.00
USD1 (USD1) $ 0.999156
Mantle (MNT) $ 0.989362
Rain (RAIN) $ 0.008828
Bittensor (TAO) $ 293.93
MemeCore (M) $ 1.60
Pepe (PEPE) $ 0.000007
Aave (AAVE) $ 175.47
Bitget Token (BGB) $ 3.64
OKB (OKB) $ 115.30
Tether Gold (XAUT) $ 4,621.36
NEAR Protocol (NEAR) $ 1.83
Internet Computer (ICP) $ 4.04
Falcon USD (USDF) $ 0.997202
Jito Staked SOL (JITOSOL) $ 182.90
Ethereum Classic (ETC) $ 13.18
Binance-Peg WETH (WETH) $ 3,315.82
Ethena (ENA) $ 0.239550
PAX Gold (PAXG) $ 4,637.76
Aster (ASTER) $ 0.746929
Pi Network (PI) $ 0.209470
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Solana (SOL) $ 145.77
POL (ex-MATIC) (POL) $ 0.157083
Worldcoin (WLD) $ 0.605701
Pump.fun (PUMP) $ 0.002799
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.94
Binance Staked SOL (BNSOL) $ 159.39
HTX DAO (HTX) $ 0.000002
Global Dollar (USDG) $ 0.999616
Circle USYC (USYC) $ 1.11
KuCoin (KCS) $ 11.46
Aptos (APT) $ 1.93
syrupUSDC (SYRUPUSDC) $ 1.15
Ripple USD (RLUSD) $ 0.999962
Rocket Pool ETH (RETH) $ 3,827.45
Wrapped BNB (WBNB) $ 937.14
Sky (SKY) $ 0.059622
BFUSD (BFUSD) $ 0.999195
Kaspa (KAS) $ 0.048269
Ondo (ONDO) $ 0.407889
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999672
Cosmos Hub (ATOM) $ 2.63
Arbitrum (ARB) $ 0.220692
Story (IP) $ 3.65
Render (RENDER) $ 2.37
Algorand (ALGO) $ 0.137574
Gate (GT) $ 10.55
Kelp DAO Restaked ETH (RSETH) $ 3,520.23
Filecoin (FIL) $ 1.59
Midnight (NIGHT) $ 0.068416
MYX Finance (MYX) $ 5.93
Official Trump (TRUMP) $ 5.66
Quant (QNT) $ 75.56
Provenance Blockchain (HASH) $ 0.020027
VeChain (VET) $ 0.012262
Function FBTC (FBTC) $ 95,477.00
Lombard Staked BTC (LBTC) $ 95,549.00
Dash (DASH) $ 81.64
Solv Protocol BTC (SOLVBTC) $ 95,366.00
Bonk (BONK) $ 0.000011
NEXO (NEXO) $ 0.967070
Flare (FLR) $ 0.011484
USDD (USDD) $ 1.00
Liquid Staked ETH (LSETH) $ 3,555.83
Mantle Staked Ether (METH) $ 3,599.11
XDC Network (XDC) $ 0.045492
USDtb (USDTB) $ 0.999212
OUSG (OUSG) $ 113.96
Janus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
Pudgy Penguins (PENGU) $ 0.012975
Sei (SEI) $ 0.125140
Superstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.96
WrappedM by M^0 (WM) $ 0.998504
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,188.00
Polygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999701
Morpho (MORPHO) $ 1.41
clBTC (CLBTC) $ 95,739.00
Renzo Restaked ETH (EZETH) $ 3,544.20
Jupiter (JUP) $ 0.230069
Jupiter Staked SOL (JUPSOL) $ 169.48
Stacks (STX) $ 0.387268
PancakeSwap (CAKE) $ 2.05
Beldex (BDX) $ 0.091584
Optimism (OP) $ 0.358040
StakeWise Staked ETH (OSETH) $ 3,523.60
Virtuals Protocol (VIRTUAL) $ 1.05
Ondo US Dollar Yield (USDY) $ 1.10
syrupUSDT (SYRUPUSDT) $ 1.11
Artificial Superintelligence Alliance (FET) $ 0.290920
Wrapped Flare (WFLR) $ 0.011474
USDai (USDAI) $ 1.00
L2 Standard Bridged WETH (Base) (WETH) $ 3,313.53
Curve DAO (CRV) $ 0.434291
Polygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999855
Tezos (XTZ) $ 0.582503
Kinetiq Staked HYPE (KHYPE) $ 26.52
Spiko EU T-Bills Money Market Fund (EUTBL) $ 1.22
c8ntinuum (CTM) $ 0.133873
SPX6900 (SPX) $ 0.613082
tBTC (TBTC) $ 94,936.00
Lighter (LIT) $ 2.24
Injective (INJ) $ 5.57
Chiliz (CHZ) $ 0.053953
Usual USD (USD0) $ 0.998109
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,316.22
Lido DAO (LDO) $ 0.646738
Aerodrome Finance (AERO) $ 0.599125
River (RIVER) $ 27.53
GTETH (GTETH) $ 3,316.47
Celestia (TIA) $ 0.603253
Ether.fi (ETHFI) $ 0.797920
FLOKI (FLOKI) $ 0.000054
Marinade Staked SOL (MSOL) $ 197.15
GHO (GHO) $ 0.999478
First Digital USD (FDUSD) $ 0.999536
TrueUSD (TUSD) $ 0.999050
Ether.Fi Liquid ETH (LIQUIDETH) $ 3,573.22
Stader ETHx (ETHX) $ 3,574.86
Fasttoken (FTN) $ 1.09
Coinbase Wrapped Staked ETH (CBETH) $ 3,705.77
Starknet (STRK) $ 0.091183
Maple Finance (SYRUP) $ 0.401628
Wrapped ApeCoin (WAPE) $ 0.229079
The Graph (GRT) $ 0.042849
DoubleZero (2Z) $ 0.129420
JasmyCoin (JASMY) $ 0.008861
IOTA (IOTA) $ 0.102839
Steakhouse USDC Morpho Vault (STEAKUSDC) $ 1.11
BitTorrent (BTT) $ 0.00000044
Staked Aave (STKAAVE) $ 175.01
sBTC (SBTC) $ 95,424.00
AB (AB) $ 0.004441
Fartcoin (FARTCOIN) $ 0.425348
Ethereum Name Service (ENS) $ 10.90
dogwifhat (WIF) $ 0.414068
Conflux (CFX) $ 0.079611
Sun Token (SUN) $ 0.021150
Pyth Network (PYTH) $ 0.070492
Janus Henderson Anemoy Treasury Fund (JTRSY) $ 1.09
USDB (USDB) $ 0.990075
Bitcoin SV (BSV) $ 20.04
JUST (JST) $ 0.040367
Wrapped STX (Velar) (WSTX) $ 0.388697
Gnosis (GNO) $ 146.94
Pendle (PENDLE) $ 2.26
Onyxcoin (XCN) $ 0.008909
Telcoin (TEL) $ 0.003952
Binance-Peg Dogecoin (DOGE) $ 0.146756
Trust Wallet (TWT) $ 0.901289
Decred (DCR) $ 21.92
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 95,424.00
crvUSD (CRVUSD) $ 0.999286
Cap USD (CUSD) $ 0.987147
Kaia (KAIA) $ 0.062848
AINFT (NFT) $ 0.00000037
BENQI Liquid Staked AVAX (SAVAX) $ 18.07

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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