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Crypto Twitter calls for calm after wETH insolvency joke goes viral
28.11.2022
Ethereum bull Anthony Sassano and Gnosis co-founder Martin Köppelmann were among those explaining later that the Wrapped Ethereum (wETH) FUD was part of an inside joke
What is wrapped Ethereum (wETH) and how does it work?
1.10.2022
wETH is the ERC-20 compatible and tradable version of ETH and can be used to interact with other ERC-20 assets
Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge
5.9.2022
The exchange also announced plans to remove $USDC as a tradeable asset from its platform
Maple Finance partners with Celsius to launch wETH lending pool
24.2.2022
The capital pool promises to enable greater access to finance for traditional corporations and institutions seeking to capitalize on emerging opportunities within the DeFi space
LooksRare team cashes out $30M in WETH, faces community backlash
15.2.2022
The price of the native token LOOKS tumbled by 15% after the news of the cash-out became public
Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit
4.2.2022
On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said...
Solana price 'bear flag' paints $50 target as Wormhole hack exposes security hole
3.2.2022
The bearish continuation setup could push Solana price dropping to nearly $50 in the sessions ahead
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
3.2.2022
Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network...
Blockchain enthusiast allegedly losses $500k by sending WETH to contract address
31.1.2022
While the contract does wrap ETH sent to the address into WETH, the same is not true vice versa
Eth2 staking contract ranks as single-largest Ether hodler with $21.5B
17.8.2021
The Eth2 staking contract is now the single-largest address by Ether holdings
Cream Iron Bank Flash Loan Attack: Markets Re-Enabled While Asset Borrow Is Paused
16.2.2021
Following the Cream Iron Bank flash loan attack, preliminary findings of a probe have shown that contracts and markets still function normally. As a result, markets have now been re-enabled while the asset borrowing function has been paused. The Cream team also reveals that investigations...
BitGo Launches Wrapped Bitcoin, Ether on Tron Blockchain
6.1.2021
Nearly 100 DeFi-friendly WBTC have already been minted as TRC-20 tokens on Tron
Despite yETH returns of 2%, Yearn pushes forward with WBTC Vault
18.9.2020
Yearn Finance has submitted a Maker Improvement Proposal for its forthcoming WBTC Vault, suggesting it will launch in the not-to-distant future
Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining
17.9.2020
The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year ago. This growth led to the inevitable decline of...
Most of MakerDAO’s Asset Value Is in Only a Few Addresses
29.1.2020
Though the industry is growing rapidly, a very small portion of addresses hold the majority of assets being locked and borrowed in the DeFi space