Badger DAO and RenVM announce launch of BTC-on-Ethereum 'Badger Bridge'
The bridge gets a makeover with Badger branding, and will allow users to deposit newly-wrapped BTC into yield-bearing vaults with a single click. Decentralized finance (DeFi) protocols Badger DAO and RenVM have announced today the launch of “Badger Bridge,” a Bitcoin-to-Ethereum bridge that will allow BTC holders to bring their Bitcoin to Ethereum and deposit it into yield-bearing vaults purportedly with a single click. “The Badger Bridge is the first of its kind to enable users to earn yield on their tokenized Bitcoin immediately, all while transacting within the same app. What used to be....
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The Bitcoin-on-Ethereum project gets a major institutional breakthrough via Fireblocks. In a blog post today, decentralized finance (DeFi) protocol Badger DAO announced a forthcoming integration with Fireblocks, a digital asset storage, management, and DeFi on-ramp for institutional investors. “We’re excited to announce a strategic partnership between Fireblocks and BadgerDAO to enable their 200+ institutional clients to securely hold Badger assets on their platform and put their Bitcoin to work through the Badger protocol,” reads the post.BadgerDAO founder Chris Spadafora said that the....
The new bridge will allow Ren’s ERC-20 representations of BTC, BCH, DOGE, FIL, LUNA, ZEC, and DGB can now be transferred onto the Polygon network. The launch of the new Polygon x RenVM Bridge was announced to Twitter by Polygon on May 28, who emphasized the bridge will allow Bitcoin and other assets to be used on the high-speed and low-cost layer-two.Ren and Polygon have teamed up to launch a bridge allowing BTC and other assets to be transferred between Bitcoin and the Ethereum scaling solution. Excited to announce the launch of a direct bridge to Polygon by @renprotocol! With the Polygon....
Badgers now have a new home: the DeFi protocol has purchased the "badger.com" domain for a tidy $300,000 The Badger DAO community is ‘sett’ to migrate to some new ‘diggs’: the decentralized finance project will shortly become the new owner of the “Badger.com” web domain. In a Badger Improvement Proposal listed on governance forums today, BIP-43, BadgerDAO founder Chris Spadafora wrote that the new domain will “quickly increase the value [of the app] across all these categories (daily traffic, referring websites, search engine optimization etc.)” “As Badger expands to become the most....