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Nalezeno "wbtc": 121

Uniswap V3 User’s Costly Liquidity Pool Error: $700,000 Lost to MEV Bot

6.11.2023
A trader using the decentralized exchange (DEX) Uniswap V3 lost over $700,000 after he entered wrong values while creating a new liquidity pool. According to an X post from on-chain analytics firm Arkham, the user added a total of $1.5 million of liquidity in the WBTC-CRV pool he created on Uniswap...

Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada

27.10.2023
According to customer emails, the changes will go into effect starting Nov. 30

10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation

23.10.2023
Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top...

Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak

4.9.2023
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...

DeOrderBook Set to Launch on Ethereum Mainnet, Pioneering Truly Trustless DeFi Optionality

29.8.2023
PRESS RELEASE. DeOrderBook, a groundbreaking decentralized finance (DeFi) optionality protocol, is gearing up for its Ethereum mainnet launch, ushering in a new era for DeFi users who seek unprecedented capital flexibility, advanced hedging mechanisms, and sustainable real yield. At launch,...

Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year

29.7.2023
Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC evaporating from circulation since last July....

Bitcoin Drops Below $28K as Options Expire, Traders Borrow WBTC From Aave

31.3.2023
WBTC is the largest tokenized version of bitcoin and can be swapped on a 1:1 basis for BTC

BTC Proxy Is Live on BNB Chain and Interoperable With WBTC and BTCB

11.3.2023
PRESS RELEASE. Leading DeFi protocol BTC PROXY today expanded support for the Binance BNB Chain as well as updating support on Ethereum and Polygon for their ($BTCpx) Bitcoin Proxy. Minting and bridging of BTCpx to the three networks goes live on or after March 10th, 2023. This fulfilled a vision...

Embattled Crypto Lender Celsius Allocates $25M for Withdrawals, Burns $500M in WBTC

8.3.2023
Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to withdraw, Arkham Intelligence said in a report. Eligible customers have withdrawn some $17.7 million of crypto assets, the firm’s chief executive said in a Wednesday court...

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...

Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

15.12.2022
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC

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...

First Mover Americas: Binance Increases Recovery Fund, wBTC Loses Its Peg

25.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 25, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?

8.7.2022
The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market

Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice

25.6.2022
After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who said Celsius was hiring restructuring lawyers. At the time, the WSJ said Celsius was looking to hire...

Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets

13.6.2022
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency...