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Crypto Lender Kokomo's Developers Use Wrapped Bitcoin for $4M ‘Exit Scam’
27.3.2023
All social media presence was deleted and Kokomo tokens fell 95%
Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius
28.2.2023
Wrapped Bitcoin garnered DeFi traders' support in the 2021-22 bull season, but the demand started to fade post numerous crypto contagions led to redemptions
Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
20.1.2023
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody...
Wrapped Bitcoin Trades at Discount Amid Market Contagion
28.11.2022
WBTC’s discount dropped as low as -1.5% as questions swirled over whether WBTC is fully backed. Custodian BitGo later clarified that it is
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
Solana’s Wrapped Bitcoin Price Craters After FTX Shuts Exit Ramp
11.11.2022
A Solana-based crypto asset tied to the price of bitcoin collapsed in value Friday after CoinDesk reported that FTX US – the only venue left to exchange it for real bitcoin – had frozen withdrawals
Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange
9.11.2022
The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain
Polkadot Now Has a Decentralized Version of 'Wrapped' Bitcoin
11.8.2022
Interlay introduces a decentralized and trustless wrapped bitcoin bridge for DeFi users on Polkadot who are wary of third-party custodians and merchants
Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months
24.7.2022
Three months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthetic bitcoins and today the number of wrapped or bonded bitcoins...
Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
13.7.2022
The troubled crypto lender Celsius has closed its last remaining loan from a DeFi protocol after previously paying off loans on Aave and Maker loan
How to Stake (Wrapped) Bitcoin: A Beginner’s Guide
9.7.2022
The Bitcoin (BTC) network uses a proof-of-work (PoW) consensus protocol to secure the network, which means network participants can earn mining rewards (if they choose to mine the digital currency), but they can’t earn staking rewards natively.
Fortunately, for BTC holders who would like to earn...
NFTs most popular assets on Ethereum, but Wrapped Bitcoin growth stalls
24.2.2022
NFTs have increased their lead over stablecoins and ERC-20 tokens in transfers on the Ethereum network since last July, while WBTC minted on chain has leveled off this month
Cosmos (ATOM) rallies after launching a cross-chain bridge and wrapped Bitcoin
29.8.2021
ATOM price booked triple-digit gains after the network built out its DeFi ecosystem and works on cross-chain bridges for ETH and BTC
Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December
9.1.2021
BitGo “unwrapped” over 11,600 WBTC last month
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
Wrapped Bitcoin ‘Burns’ Increase as Traders Rotate Capital Out of Cooling DeFi
3.12.2020
WBTC burns picked up in November, continuing into December
Stretched thin? Wrapped Bitcoin assets may encourage supply crisis
21.11.2020
WBTC, BTCB, and other wrapped Bitcoin implementations may contribute to a BTC supply shortage looming on the horizon
Wrapped Bitcoin is now Ethereum's 6th Largest Token
30.10.2020
With a market cap now over $1.5 billion, Wrapped Bitcoin (WBTC) makes up 80% of the total BTC held on Ethereum
PayPal In M&A Talks With Wrapped Bitcoin Custodian BitGo - Report
23.10.2020
Mike Belshe, Co-founder and CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg
It seems that online payments giant PayPal has bigger plans in the Cryptoverse. Within weeks, the company could reach a deal to buy US-based major crypto custodian BitGo, Bloomberg reported, citing undisclosed...
Wrapped Bitcoin Sees Record $57.1M in Tokens Minted by CoinList for Customers
14.10.2020
CoinList set the record for most tokens minted in a day by a single merchant