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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...
Bitcoin inches closer to a 10-year record, as other stats turn bullish
18.1.2023
Right now, Bitcoin is a day away from matching a nearly 10-year-old record and Ethereum could hit a significant milestone by Q2
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
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
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...
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
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...
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
Inverse Finance exploited again for $1.2M in flashloan oracle attack
17.6.2022
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds
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
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...
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
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...
One percent of Bitcoin’s supply has been locked in the WBTC protocol
8.6.2021
More than $6 billion worth of Bitcoin is now tokenized on Ethereum as WBTC
Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021
17.5.2021
During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in value. On Monday, former Ark Invest analyst James Wang published a detailed summary highlighting the Ethereum project’s first-quarter...