Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitwise CIO refers to progress for approval of XRP ETF

2025-06-06

A purchase option or warning sign?

2025-06-06

$ 1B Liquidation Bloodbath: Can Bitcoin hold $ 100k in the midst of Musk -Trump -Drama?

2025-06-06
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Moroccan researchers tap blockchain for diploma fraud prevention

    2025-06-06

    Kommunitas and Nativ Forge Alliance to transform Real-World digital economies

    2025-06-06

    Shards Protocol lands $ 2 million from Animoca, YGG to grow web3 Identity Layer

    2025-06-05

    Soonchain Fores Partnership with Rei Network to define web3 gaming

    2025-06-05

    Maskdao acquires Orb.Club, which unlocks virality in the chain to stimulate the creator economy

    2025-06-05
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Anthropic CEO calls for AI transparency, argues against Trump Bill’s decade-long state-controlling freezing

    2025-06-05

    Former Doge -Head Elon Musk tells Wetgevers to kill Trump’s ‘big, beautiful’ account

    2025-06-05

    Hong Kong Reading to legalize Bitcoin and Crypto derivatives in PURT to Web3 leadership

    2025-06-05

    US-based ETFs that set for growth, despite some regulatory, macro-tailwinds

    2025-06-04

    NYSE ARCA submits to mention Truth Social’s Spot Bitcoin ETF

    2025-06-03
  • Analysis

    A purchase option or warning sign?

    2025-06-06

    Circle makes Wall Street debut as the first major stablecoin -mittent on NYSE

    2025-06-06

    ZK-proof Blockchain Altcoin Lagrange (LA) is getting away after the announcement of new Coinbase support

    2025-06-05

    Successful retest of Breakout zone sets phase for the next leg higher

    2025-06-05

    Circle stock price Skyrockets 234% in less than 30 minutes, causing multiple commercial levels

    2025-06-05
  • Learn

    What Is Crypto Staking? A Beginner-Friendly Guide

    2025-06-05

    What Are Liquidity Pools? A Beginner’s Guide

    2025-06-05

    What Is Yield Farming and How Does It Work?

    2025-06-02

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Arbitrum (ARB) Onboards Bitcoin-Ethereum Interoperability Solution tBTC
Blockchain

Arbitrum (ARB) Onboards Bitcoin-Ethereum Interoperability Solution tBTC

2023-06-04No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Blockchain


Arbitrum (ARB), a dominant Ethereum L2 scaler, now supports the Bitcoin-Ethereum bridge mechanism tBTC. It will speed up BTC liquidity transactions and make them more cost efficient.

tBTC by Threshold Network launches on Arbitrum L2

According to the official announcement shared by Web3 team Threshold Network, the non-custody bridge solution called tBTC has been launched on the Arbitrum (ARB) mainnet. The launch is a phase of the tBTC Wrapped Tour initiative designed to introduce “native” Bitcoin (BTC) liquidity to various programmable blockchains.

tBTC goes live on @arbitrum for tour stop 3 on the tBTC Wrapped Tour

Powered by @wormholecrypto and fueled by @Balancer liquidity
🧵👇 pic.twitter.com/bc1R7nVqXm

— Threshold Network ✜ (@TheTNetwork) May 30, 2023

The integration is powered by Wormhole, the largest bridge infrastructure provider, and Balancer DeFi. On Balancer, tBTC/WETH and WBTC/tBTC bridges accept liquidity from LPs.

As explained by Threshold Network reps, this is the only bridge solution to date that completely avoids centralized points of failure, relying on a distributed set of validators:

Unlike its centralized counterparts, with their authorized access and risk of censorship, tBTC does not require any intermediaries or intermediaries. Instead, it uses a randomly selected group of node operators on the Threshold Network.

Arbitrum One, Arbitrum’s largest blockchain, is the best Ethereum (ETH) L2 scaler according to Total Value Locked (TVL). At the end of May 2023, it leads $5.74 billion of $8.77 billion; of the $3 locked to Ethereum’s L2s, $2 is injected into Arbitrum’s DeFis.

Celebrating NFT drop released

To immortalize the launch of tBTC on Arbitrum, Threshold Network invites all crypto enthusiasts to join in celebrating NFT activity.

See also  Interoperability needs its ERC-20 moment

Anyone who mints tBTC, bridges it to Arbitrum (ARB), and brings liquidity to Balancer’s liquidity pools is eligible to claim a unique Galxe OAT NFT.

Also, more blockchains will be added to tBTC’s range of supported networks, the protocol’s team added.

As previously reported by U.Today, a non-custodial bridge to Polygon zkEVM was launched a month ago, April 27, 2023. It is poised to ensure the inflow of liquidity into the most promising and developed EVM-equivalent network to date.




Source link

ARB Arbitrum BitcoinEthereum Interoperability Onboards solution tBTC
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Moroccan researchers tap blockchain for diploma fraud prevention

2025-06-06

Kommunitas and Nativ Forge Alliance to transform Real-World digital economies

2025-06-06

Shards Protocol lands $ 2 million from Animoca, YGG to grow web3 Identity Layer

2025-06-05

Soonchain Fores Partnership with Rei Network to define web3 gaming

2025-06-05
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Mount Gox Moves Another $2.47 Billion in Bitcoin: How is the BTC Price Faring?

2024-07-24

Veteran trader Peter Brandt withdraws his bearish outlook for Ethereum and says Solana can continue to move higher

2023-12-24

Why DOGE traders should be wary of a double-digit price drop

2024-01-13
Editors Picks

This NFT collection reached a new record today

2024-02-11

Will FOMO or FUD rule the market?

2024-04-13

BlackRock builds $50,000,000,000 Bitcoin inventory in just 12 months, according to Arkham

2025-01-12

With Bitcoin’s dominance reaching its peak, is it the next altcoin season? November will…

2024-10-31

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitwise CIO refers to progress for approval of XRP ETF

A purchase option or warning sign?

$ 1B Liquidation Bloodbath: Can Bitcoin hold $ 100k in the midst of Musk -Trump -Drama?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,600.77-2.46%
  • ethereumEthereum(ETH)$2,450.85-6.78%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.13-3.64%
  • binancecoinBNB(BNB)$640.20-4.08%
  • solanaSolana(SOL)$147.02-4.40%
  • usd-coinUSDC(USDC)$1.000.02%
  • tronTRON(TRX)$0.2768371.19%
  • dogecoinDogecoin(DOGE)$0.174821-8.12%
  • cardanoCardano(ADA)$0.64-5.98%
  • hyperliquidHyperliquid(HYPE)$34.52-2.72%
  • suiSui(SUI)$2.98-6.63%
  • chainlinkChainlink(LINK)$13.16-5.42%
  • stellarStellar(XLM)$0.260170-2.80%
  • avalanche-2Avalanche(AVAX)$19.21-5.22%
  • unus-sed-leoUNUS SED LEO(LEO)$8.77-1.93%
  • bitcoin-cashBitcoin Cash(BCH)$384.20-4.90%
  • the-open-networkToncoin(TON)$3.08-3.70%
  • shiba-inuShiba Inu(SHIB)$0.000012-5.67%
  • hedera-hashgraphHedera(HBAR)$0.164087-2.72%
  • litecoinLitecoin(LTC)$84.14-4.85%
  • polkadotPolkadot(DOT)$3.90-3.64%
  • moneroMonero(XMR)$319.420.50%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • daiDai(DAI)$1.000.01%
  • bitget-tokenBitget Token(BGB)$4.58-3.39%
  • piPi(PI)$0.62-4.52%
  • pepePepe(PEPE)$0.000011-9.96%
  • uniswapUniswap(UNI)$6.02-5.29%
  • aaveAave(AAVE)$246.31-7.13%
  • bittensorBittensor(TAO)$361.26-5.27%
  • okbOKB(OKB)$49.93-0.30%
  • crypto-com-chainCronos(CRO)$0.098118-2.32%
  • aptosAptos(APT)$4.58-5.01%
  • nearNEAR Protocol(NEAR)$2.30-6.39%
  • internet-computerInternet Computer(ICP)$4.94-6.82%
  • ethereum-classicEthereum Classic(ETC)$16.51-4.82%
  • ondo-financeOndo(ONDO)$0.79-4.72%
  • gatechain-tokenGateToken(GT)$18.64-2.75%
  • usd1World Liberty Financial USD(USD1)$1.000.04%
  • kaspaKaspa(KAS)$0.082195-1.97%
  • mantleMantle(MNT)$0.64-4.49%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.203229-5.98%
  • vechainVeChain(VET)$0.022906-3.98%
  • official-trumpOFFICIAL TRUMP(TRUMP)$9.76-10.93%
  • render-tokenRender(RENDER)$3.64-4.16%
  • ethenaEthena(ENA)$0.291641-7.88%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.72-9.79%
  • worldcoin-wldWorldcoin(WLD)$1.05-7.39%
  • filecoinFilecoin(FIL)$2.41-6.84%
  • bitcoinBitcoin(BTC)$102,600.77-2.46%
  • ethereumEthereum(ETH)$2,450.85-6.78%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.13-3.64%
  • binancecoinBNB(BNB)$640.20-4.08%
  • solanaSolana(SOL)$147.02-4.40%
  • usd-coinUSDC(USDC)$1.000.02%
  • tronTRON(TRX)$0.2768371.19%
  • dogecoinDogecoin(DOGE)$0.174821-8.12%
  • cardanoCardano(ADA)$0.64-5.98%
  • hyperliquidHyperliquid(HYPE)$34.52-2.72%
  • suiSui(SUI)$2.98-6.63%
  • chainlinkChainlink(LINK)$13.16-5.42%
  • stellarStellar(XLM)$0.260170-2.80%
  • avalanche-2Avalanche(AVAX)$19.21-5.22%
  • unus-sed-leoUNUS SED LEO(LEO)$8.77-1.93%
  • bitcoin-cashBitcoin Cash(BCH)$384.20-4.90%
  • the-open-networkToncoin(TON)$3.08-3.70%
  • shiba-inuShiba Inu(SHIB)$0.000012-5.67%
  • hedera-hashgraphHedera(HBAR)$0.164087-2.72%
  • litecoinLitecoin(LTC)$84.14-4.85%
  • polkadotPolkadot(DOT)$3.90-3.64%
  • moneroMonero(XMR)$319.420.50%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • daiDai(DAI)$1.000.01%
  • bitget-tokenBitget Token(BGB)$4.58-3.39%
  • piPi(PI)$0.62-4.52%
  • pepePepe(PEPE)$0.000011-9.96%
  • uniswapUniswap(UNI)$6.02-5.29%
  • aaveAave(AAVE)$246.31-7.13%
  • bittensorBittensor(TAO)$361.26-5.27%
  • okbOKB(OKB)$49.93-0.30%
  • crypto-com-chainCronos(CRO)$0.098118-2.32%
  • aptosAptos(APT)$4.58-5.01%
  • nearNEAR Protocol(NEAR)$2.30-6.39%
  • internet-computerInternet Computer(ICP)$4.94-6.82%
  • ethereum-classicEthereum Classic(ETC)$16.51-4.82%
  • ondo-financeOndo(ONDO)$0.79-4.72%
  • gatechain-tokenGateToken(GT)$18.64-2.75%
  • usd1World Liberty Financial USD(USD1)$1.000.04%
  • kaspaKaspa(KAS)$0.082195-1.97%
  • mantleMantle(MNT)$0.64-4.49%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.203229-5.98%
  • vechainVeChain(VET)$0.022906-3.98%
  • official-trumpOFFICIAL TRUMP(TRUMP)$9.76-10.93%
  • render-tokenRender(RENDER)$3.64-4.16%
  • ethenaEthena(ENA)$0.291641-7.88%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.72-9.79%
  • worldcoin-wldWorldcoin(WLD)$1.05-7.39%
  • filecoinFilecoin(FIL)$2.41-6.84%