Wrapped


Markets

Binance to Compensate Users Affected by Crash in wBETH, BNSOL, and Ethena’s USDe

Wrapped tokens crashed as Binance's infrastructure buckled, making it harder for market makers to stabilize prices.

Binance logo on a smartphone (Vadim Artyukhin/Unsplash)

Markets

Coinbase Brings Wrapped Cardano, Litecoin to Base With cbADA, cbLTC

The exchange rolled out ERC-20 versions of ADA and LTC that are backed on a 1:1 basis, enabling Cardano and Litecoin holders to tap into Ethereum-style DeFi via its Base network.

Coinbase (appshunter.io/Unsplash)

Markets

Coinbase Unlocks DeFi Opportunities for XRP and Dogecoin Holders on Base

Wrapped versions of the tokens represent the original assets and offer compatibility with Base's protocol and decentralized finance applications.

Coinbase opens DeFi opportunities for XRP and DOGE holders. (plantsandanimals1/Pixabay)

Tech

The Protocol: Now Everyone's Putting a Wrapper on Bitcoin

In this week's issue of CoinDesk's newsletter on blockchain technology, we're covering the drama surrounding "wrapped bitcoin" as Tron founder Justin Sun assumes a custody role, signs of upheaval in the Urbit ecosystem and the rise of dark pools on Ethereum.

(Arturo Esparza/Unsplash)

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Policy

Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi

Last year, the Australian Taxation Office (ATO) warned cryptocurrency investors that capital gains and losses must be reported every time a digital asset is sold.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Markets

Wrapped BTC, ETH Coming to Kadena's Decentralized Exchange

Tokensoft is wrapping bitcoin and ether so traders can access them on any one of Kadena’s chains.

Kadena co-founder and President Stuart Popejoy

Finance

Privacy Coin Zcash Makes Its Ethereum ‘Wrapped’ Debut With Tokensoft and Anchorage

WZEC is the first asset to be launched by “Wrapped,” a partnership between Ethereum tokenizers Tokensoft and qualified custodian Anchorage.

Tokensoft CEO Mason Borda

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