$ 1 Billion in Wrapped Bitcoin Under Audit Using Chainlink’s ‘Reserve Proof’ – Cointelegraph
Bitcoin-wrapped bitcoin custodian BitGo has adopted Chainlink’s proof of reserve mechanism to enhance transparency and auditability of the tokenized asset for DeFi protocols. The feature, currently live on testnet, allows Ethereum-based dApps to completely automate the audit burden of wBTC. The move comes as the amount of Bitcoin enveloped in Ethereum approaches $ 1 billion, […]
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