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Some Things I Took Away From An Event Apart 2022 in Denver
13.10.2022
An Event Apart 2022 Denver wrapped up yesterday. And while I was unable to make it to all three days this time, I did catch yesterday’s action — and it was awesome. I’m not very social or outgoing, but …
Some Things I Took Away From An Event Apart 2022 in Denver originally...
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
Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO
1.10.2022
The crypto community chose to link the funds' withdrawal with Nexo's insolvency rumors due to the wallet's name — Nexo: 0x8fd
Report: Leaked Audio Featuring Celsius Execs Uncovers Plans to Create an IOU Cryptocurrency
24.9.2022
According to leaked audio obtained by CNBC, the crypto lender Celsius wants to create an IOU cryptocurrency in order to pay clients back. The audio was provided by a Celsius customer and the recording explains the bankrupt crypto lender wants to create a form of “wrapped tokens” that...
30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value
11.9.2022
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than...
Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge
25.8.2022
The cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereum’s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or CBETH, and it will allow people to stake their ether in a non-custodial...
Coinbase introduces wrapped staked ETH asset ahead of the Merge
24.8.2022
“Our hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi applications,” said the crypto exchange
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
Wrestler Savages Opponent With Keyblade Wrapped In Barbed Wire
25.7.2022
A wrestling show held Friday evening provided a great example of how performer demographics are rapidly shifting away from bodybuilders and models and towards nerdy kids who grew up watching them.Read more
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...
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
Top 5 Wrapped Token Use Cases
2.5.2022
Wrapped tokens have made it possible to put digital assets like bitcoin (BTC) on Ethereum (ETH) so they can interact with decentralized finance (DeFi) applications. This has resulted in significant inflows of tokenized value on Ethereum, and other crypto networks, contributing to several wrapped...
What Are Wrapped Tokens?
22.4.2022
Wrapped tokens have opened new opportunities for crypto investors by allowing them to deploy assets from one chain to another in tokenized form.
Read on to learn about wrapped tokens, how they work, and which wrapped coins are the most popular....
Read More: What Are Wrapped Tokens?
IQ Labs CEO Tom Tirman on Unlocking Utility for NTFs With Collateral-Less Renting Framework
17.3.2022
IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk....
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
Interchain Accounts is the biggest upgrade to Cosmos since Stargate
17.2.2022
The protocols would enable nearly all aspects of data sharing between blockchain protocols, such as oracle data, governance voting, etc
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...