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Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days


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...

Polygon-Based Project Jarvis Loses $660K to a Security Exploit


Jarvis Network recently announced losing over half a million dollars to a security breach. The exploit cost the popular Polygon DeFi project 663,101 Matic tokens, or USD 660,000. According to the latest tweets by Jarvis, the breach took place at the Midas pool. The jFIAT token was the target,...

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023


The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to initiate in the first half of the year....

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