What is TBTC Bitcoin Testnet and Why Do Developers Think It Needs a Revamp?

Casa, a Bitcoin custodian firm based in the US, operates a separate and parallel version of the Bitcoin blockchain called the TBTC testnet. This technology supports tBTC tokens, which have no financial value linked to them but come in handy for conducting tests around new protocols that could be supported on the Bitcoin blockchain. In … Read more

Threshold’s tBTC Debuts on Sui, Unlocking $500M in Bitcoin Liquidity

Threshold Network’s tBTC, an ERC-20 token backed 1-to-1 by bitcoin , debuted on Sui on Monday as Threshold looks to expand BTCFi in the Sui ecosystem. The collaboration enables users to deposit their BTC on Sui and mint tBTC, potentially adding over $500 million worth of bitcoin liquidity to the Sui network. It means users … Read more