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Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year
26.11.2022
This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962...
Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion
28.12.2021
According to data recorded on December 28, there’s approximately 434,265.43 bitcoin-pegged or wrapped bitcoin tokens worth more than $21.3 billion across several blockchains. Ten different bitcoin-pegged projects exist today and the project Wrapped Bitcoin dominates 59.66% of all...
Moving $25 Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in Existence
5.11.2021
As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today has swelled significantly during...
Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply
8.8.2021
According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects, the Wrapped Bitcoin protocol has 194,023 bitcoin-pegged ERC20 tokens in circulation. Over 250K...
Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December
9.1.2021
BitGo “unwrapped” over 11,600 WBTC last month
Wrapped Bitcoin tops $1B after 900% increase in two months
8.10.2020
The recent DeFi frenzy has seen $900 million worth of Bitcoin tokenized using Wrapped Bitcoin over the past two months
Record $616M of Wrapped Bitcoin Minted in September
5.10.2020
Monthly value of minted WBTC grew 160% from August
Smart Contract Protocol RSK Attempts to Bring Defi to the Bitcoin Network
2.10.2020
During the last year, Ethereum has dominated the decentralized finance (defi) ecosystem but a number of other blockchain projects plan to join the fray. The second layer, smart contract protocol RSK aims to bring the defi demand to the Bitcoin blockchain and there’s already a few RSK-based...
Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1 B: Here’s Why
22.9.2020
The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why
Bitcoin Supply on Ethereum Tops $1B
17.9.2020
More than 92,000 bitcoins have been tokenized on Ethereum
Alameda Research Claimed Nearly 70% of Wrapped Bitcoin Minted In August
4.9.2020
The firm claimed 14,654 WBTC in August following approval of its Compound collateral proposal
Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises
19.8.2020
Prices for ren, the token for the RenVM DeFi network, experienced a great week, as the demand for bitcoin rises on DeFi
Bitcoins Are Being Tokenized Faster Than They’re Mined as DeFi Craze Continues
15.8.2020
The decentralized finance craze is causing demand for tokenized bitcoin to surge
Nearly $100 Million in Bitcoin Moved to Ethereum in July, Led by Retail Traders
1.8.2020
Over 76% of tokenized bitcoin have been minted by Wrapped Bitcoin
Nearly $60M in Bitcoin Moved to Ethereum in June
7.7.2020
Nearly $60 million worth of bitcoins moved to Ethereum during June, 75% of which came through Wrapped Bitcoin