UniChain – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 30 Apr 2025 01:14:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 UniChain – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Kraken will launch KBTC on Unichain https://earlybirdsinvest.com/kraken-will-launch-kbtc-on-unichain/ https://earlybirdsinvest.com/kraken-will-launch-kbtc-on-unichain/#respond Wed, 30 Apr 2025 01:14:29 +0000 https://earlybirdsinvest.com/kraken-will-launch-kbtc-on-unichain/

We look forward to announce that Kraken Rapped Bitcoin (KBTC) is live at Unichain, an Ethereum-based Layer 2 built for Defi.

Additionally, Unichain users and developers can now directly transfer ETH and USDT0 between Kraken and Unichain. Integration expands Kraken’s role as a liquidity hub for clients to seamlessly tap on multi-chain experiences.

What is the difference between KBTC?

Unlike many wrapped assets, the KBTC is:

  • 1:1 backing By Bitcoin held at Kraken Financial, a signature SPDI in Wyoming.
  • Completely transparentalways check out our on-chain proof reserves at https://kraken.com/kbtc
  • Cross chainnow lives in Ethereum, OP Mainnet, Ink, Unicane

Please use it. So I’ll build it. I’ll check that.

From Defi Primitives to cross-chain protocols, KBTC is ready to step up new innovations, supported by Kraken’s over 13 years of security and infrastructure excellence. this is us KBTC Unichain Smart Contractand this is us BTC custody address.

KBTC brings the power of Bitcoin to new networks. This is based on the trust and security expertise Kraken has established over the past decade. KBTC believes it will strengthen Bitcoin’s position as Crypto’s epicenter, empowering Crypto builders to explore new ways to use Bitcoin, and pushing the entire ecosystem forward.

Join this journey to push the boundaries of what is possible with Bitcoin and make sure it remains the bedrock of the crypto industry for future generations.

Ready to trade, but don’t have a Kraken account yet? Sign up today!

Some crypto products and markets are unregulated and may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the CryptoAsset market can lead to losses of funds. Taxes may be paid for returns and/or increased value of crypto assets, and you must seek independent advice on your tax position. Geographical restrictions may apply.

A storage service provided by Kraken Financial, a Wyoming special purpose depository. Kraken Financial is not a FDIC insurance bank, and deposits are not insured and not covered by FDIC protection.

]]> https://earlybirdsinvest.com/kraken-will-launch-kbtc-on-unichain/feed/ 0 33527 UniChain launches are driven by data to promote Uni Token prices and social activities https://earlybirdsinvest.com/unichain-launches-are-driven-by-data-to-promote-uni-token-prices-and-social-activities/ https://earlybirdsinvest.com/unichain-launches-are-driven-by-data-to-promote-uni-token-prices-and-social-activities/#respond Tue, 11 Feb 2025 16:58:17 +0000 https://earlybirdsinvest.com/unichain-launches-are-driven-by-data-to-promote-uni-token-prices-and-social-activities/

With the launch of Unichain, Uniswap’s much-anticipated Layer-2 network, the price of the decentralized Exchange governance token Uni rose by about 4.5% to about $9.7, resulting in a significant increase in social activity and sentiment.

Uni’s prices benefited from the launch of Unichain, but were unable to break through the $10 mark. Cryptocurrency has dropped by around 0.3% over the past 24 hours, surpassing Bitcoin (BTC) in a short time since the launch of Layer-2 network.

The sentiment surrounding the token has remained positive since its launch, with X’s post count rising about 30% to over 1,400, with around 41% positive and 48% having a neutral tone And the data from TheTie show.

The rise is noteworthy as social media posts surrounding the token were rising towards Unichain’s launch. Unichain Block Explorer shows you already have 15,000 active wallets on your network and you are processing nearly 100,000 transactions on the first day.

One notable post comes from Hayden Adams, CEO of UnisWap Labs. He pointed to a promising future where the protocol will launch “many new improvements to accelerate blockchain scaling.”

These include reduced block time and allow most maximum extractable values ​​(MEV) to be returned to the user.

“In other words, the unforgiving delivery continues until Ethereum and defi are bigger than the combination of cordfi+cefi. With just four months of testnet, the network handled ~100m transactions. Currently, over 80 “The project is already built on top (and there are already Uniswap + V2, V3 and V4 deployments live),” Adams said in X.

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