On October 26, 2018, crypto-finance company BitGo announced the launch of Wrapped Bitcoin (WBTC), an ERC20-compliant token built on the Ethereum blockchain and collateralized on a one-to-one basis with bitcoin. “Power of Bitcoin” Described as the “Power of Bitcoin and the Flexibility of ERC20,” the token’s website notes a majority of bitcoin trading takes place on centralized exchanges, which causes…Read More. The post by Shaurya Malwa appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Source and More information: BitGo Launches Ethereum-based “Wrapped Bitcoin” for Providing Liquidity to dApps and DEXs

Author: BTCManager.com