Tag: WBTC

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…

In the fast-paced world of cryptocurrencies, Wrapped Bitcoin (wBTC) has emerged as a fascinating concept, allowing Bitcoin holders to participate in the thriving decentralized finance (DeFi) ecosystem on the Ethereum…

In this article, we list the top 5 best performing crypto that are in the top 50 biggest cryptos and increased the most in prices in the past 30 days.

What are wrapped tokens and how do they work?

The supply of wrapped Bitcoin (wBTC) has hit its lowest point since May 2021 following a significant burn of 11,500 wBTC linked to Celsius. The current total supply of wBTC…

Wrapped Bitcoin’s (WBTC) supply on Ethereum shrunk by 23,384 — roughly 15% — to 153,164 in February — its lowest level since March 2021, according to Dune analytics data.

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%…

Data suggests the wrapped Bitcoin (WBTC) supply on Ethereum has dropped by around 35% since the LUNA/UST collapse last year. 101,550 BTC Has Exited Wrapped Bitcoin Supply Since All-Time High…

The restructuring team overseeing the FTX and Alameda Research bankruptcy process is trying, and failing, to navigate DeFi, on-chain data shows.