Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC
The token will be available on both Ethereum and OP Mainnet, and will be backed 1:1 with bitcoin, a company spokesperson said.
The bitcoin will be custodied in Kraken Financial, the exchange's U.S. qualified custody solution, in a segregated wallet.
The minimum deposit size for kBTC on both Ethereum and Optimism will be 0.00026 BTC, which is around $15, assuming a bitcoin price of $60,000.
NEW: Tesla just moved all 11,509 of their Bitcoin to a new wallet.
This is the first time in 2 years they have moved any portion of their stack.
Do you think this means they are selling or about to add to their position?
Blockchain firm Ripple has unveiled the platforms where its new stablecoin, RLUSD, will be available, aiming to penetrate a market largely dominated by Tether and Circle.
GM! 💜 Did you check your Phairdrop Season 1 allocation from @phaver Frame? 👀
We just received these awesome Phaver stone drink coasters and a custom wooden Phaver-Up artwork at the HQ. 💜🦄 Big thanks to @ryansd - a strong community is key to a successful TGE, and you’re a great example of that.
Frens, tag us in your custom Phaver swag and other items - let’s see what you’ve got! 🤝
Good morning, frens. 🤗 I'll be honest with you, even if there was no TGE (which, for the record, is definitely coming), I would still love this project just as much. 💙🦄🔥🔥💯
It's so much better than all other Web2 social media platforms, and the future holds so many possibilities.
And you? 🤨 Are you here solely for the TGE, or do you also recognize the potential of this project? 😍
I want to take this opportunity to sincerely thank the team because we are dealing with a group of creators who are not motivated by financial gain or quick cash. They are all passionate visionaries with a shared dream: creating the gateway to Web3.
Amen. 😇
Have a great day, frens. 😉
