It’s not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume. Is the Bitcoin Derivative Asset Market Built on a House of Cards? Some bitcoin (BTC) derivatives that claim to be fully backed by the cryptocurrency could be on shaky ground, according to a blog post by Bitcoin […]
Source: https://news.bitcoin.com/wrapped-bitcoin-derivatives-concerns-around-lack-of-transparency-emerge/
Wrapped Bitcoin Derivatives: Concerns Around Lack of Transparency Emerge
