Huge congrats to @cantonnetwork on their $135M raise!
BitSafe is proud to bring CBTC—the first decentralized wrapped Bitcoin—to Canton’s privacy-enabled blockchain, powering institutional-grade BTCFi.
Ready to join? CBTC is open for early sign-ups!
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You know @iBTCNetwork!
But have you met the rest of the BitSafe? 👀
From DeFi to private markets to real yield — here’s how
we’re helping institutions put Bitcoin to work 👇
Roses are red, the 9–5 is blue,
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JPMorgan’s XRP and Solana ETF Forecast: A New Era or Bitcoin’s Shadow?
ETFs for XRP & Solana could attract $13.6B, says JPMorgan. But Bitcoin ETFs set the bar, pulling in $100B+ in year one.
Here’s why Bitcoin still leads institutional crypto adoption—and what’s next. 🧵👇
Decentralization or yield—which matters more to YOU🤔
From project self-custody to fully decentralized locking, Bitcoin derivatives offer options.
Learn how to weigh risks, yields & trust before choosing.
Guide link 🔗 👇
🎁 Win $1,000 in BTC with a festive word hunt!
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Happy holidays, happy hunting! ❄️
🎄 Merry Christmas from iBTC! 🎁
This season, let’s celebrate secure Bitcoin, unwrapped potential, and decentralized futures.
The best gifts come wrapped—and we’ve got your Bitcoin covered! ���
Here’s to a festive and prosperous year ahead! 🌟
That’s a fair point Alexei! It appears so cause of the categorisation on the platform.
The bane of building actually unique cutting edge products is it takes time for information to propagate.
iBTC is a truly non-custodial solution for using bitcoin in DeFi. The way it works is a merchant like @ambergroup_io (a designated minter) locks their bitcoin in a discreet log contract -
DLCs are very cool you should definitely look it up but in short its like smart contracts on bitcoin built on Layer 1 by the same folks who built lightning network.
A pre-signed transaction while locking the bitcoin in the DLC ensures that only the original depositor wallet can receive back the bitcoin even in case of a hack.
which makes iBTC - theft proof (only in the world)
A set of attestors including @everstake_pool, @PierTwo_com@ValidationCloud@DeSpreadTeam@HashKeyCloud@stakin
they work together to validate mint and burn of iBTC tokens.
furthermore @chainlink proof of reserves are maintained for all iBTC in circulation.
In conclusion
Native BTC -> self-custodial locked on BTC L1 -> attestors validate for mint and burn (1:1 BTC:iBTC) -> chainlink proof of reserves for max security
Happy to answer any questions or discuss implementation of the only bridge-less wrapped bitcoin in DeFi on Bitcoin L2s or anywhere else.
PS: Bridgeless cause bitcoin never leaves layer 1 security
The most attractive bitcoin borrowing rates on CurveLend by @CurveFinance's @arbitrum markets
Cheaper than both @tBTC_project & @WrappedBTC
Plus 5X Points for using iBTC in DeFi 💜
Make the most of it 👇
@archipirataBTC @rajatsoni iBTC Network now but yes we are the only wrapped bitcoin secured natively using bitcoin L1 for more info check out https://t.co/iNdhLzRD6R