Decentralized finance — more commonly known as DeFi — offers new ways to earn with crypto, while simultaneously laying the groundwork for a blockchain economy capable of handling core financial functions such as savings, lending, and insurance. But, if DeFi is to succeed in offering a transparent, fair, and practical alternative to the existing financial system, it will likely need to more meaningfully expand beyond the Ethereum blockchain. Specifically, DeFi needs the community, credibility, and liquidity that only Bitcoin can provide. For DeFi to gain mainstream trust and adoption, any Bitcoin-Ethereum bridge must be built in accordance with the foundational principles of crypto: decentralization, security, and reliability. And, it only takes three easy steps for people to mint the tBTC. The tBTC project has been designed with the highest standards of security and usability.
tBTC: A Decentralized Solution to Bring Bitcoin to the Ethereum Network
Keep Network Launches tBTC with KEEP Liquidity Mining Plans
Bitcoin, welcome to DeFi. To emphasize user safety, Keep Network has provided protections via Nexus Mutual so users can have high confidence that their funds will be protected in the event of a black swan. These progress from 0 to 1 to 2, onward until a candidate is deemed final and upgraded to the stable release. The Keep Network team has shown great resilience.
Red Lever Pulled on Bitcoin-Ethereum Bridge Two Days Post-Launch
Established earlier this year, blockchain developer studio Thesis shut its cryptocurrency platform down as soon as it opened. Thesis is currently helping users withdraw their deposited BTC as they look for a solution for the bug. In the meantime, Trail of Bits is conducting a new audit, while another auditor will be enlisted.
Thesis believes in your right to choose; to personally determine membership in our culture and centralized institutions. We build and fund products and protocols in cryptocurrency and decentralized technology. Culturally, financially and governmentally, outside forces control our lives.