A second iteration of tBTC hopes to improve on the failings of the first.
Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool Off
October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.
Bitcoin-on-Ethereum Token tBTC Relaunches Following Buggy Debut in May
TBTC, a decentralized way to copy bitcoin (BTC) over to Ethereum, is relaunching today after a smart-contract bug sunk the project in May.
Ethereum Has Become Bitcoin’s Top Off-Chain Destination
The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates.
Bitcoin-Backed Ethereum Token tBTC Paused Due to Poorly Tested Redemption Code
A bug in tBTC meant the dapp couldn’t tell different bitcoin addresses apart, the team has disclosed.
Bug Forces Shutdown of Bitcoin-Backed Ethereum Token tBTC
Thesis shut down tBTC after two days on due to a bug, and plans to release details once all users have withdrawn their funds.