Bitcoin tBTC is for L2s Bitcoin is having a moment. No, it’s not just the ETF. It’s not just Ordinals. It’s not just the Halving, it’s not just BitVM, and it’s not just Stacks. All of these things have led to renewed interest in Bitcoin L2s, and tBTC is their production-ready Bitcoin bridge of choice.
A tale of two bugs As has been reported this week, an address associated with the FTX exploit has been moving funds through a number of cross-chain projects. While most of the funds have gone through Thorchain, some of them have been routed through tBTC. In the process, two bugs have been exposed. Neither bug
Fulfilling Vitalik’s Prophecy In March 2020, Ethereum founder Vitalik Buterin took to Twitter to lament: “It's embarrassing that we still can't easily move between the two largest crypto ecosystems trustlessly.” Since then, the tBTC dev team have risen to the challenge.