Tokens, or wrapped tokens, stand in for another asset or form of money on a blockchain. A wrapped token essentially “wraps” or “encapsulates” the value of an additional asset in a way appropriate for ...
Tag: Wrapped
TMS Network (TMSN) token price rises further after stage 1 of presale; SOL recovery thwarted AS ADA mints first wrapped Bitcoin
Advertisement     Solana (SOL) is a blockchain platform used to develop dApps. Solana (SOL) is also used to pay for transactions. Although Solana’s (SOL) fees are lowe...
All You Need to Know About Wrapped Tokens and their use
A wrapped token is a cryptocurrency token linked to another cryptocurrency’s value. Because the original asset is placed in a wrapper—a sort of virtual safe—which enables the creation of the wrapped v...
Cardano Achieves Major Milestone With First Wrapped BTC Minted on Network
The Cardano network has achieved a significant milestone. AnetaBTC says it has successfully minted cBTC, a wrapped form of BTC, on the Cardano network, marking a major step forward for the ecosystem. ...
Wrapped Bitcoin Supply Declines To Negative, Here’s Why
In a significant development, the supply of Wrapped Bitcoin (wBTC) has dropped to a negative value after a significant burn of 11,500 wBTC. The burn was linked to Celsius, a decentralized finance plat...
Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius
The supply of wrapped Bitcoin (wBTC) dropped to its lowest since May 2021 after the second-largest single-day burn on Feb. 27. A total of 11,500 wBTC ($260 million) linked to now-bankrupt crypto lend...
Wrapped Ether Price Prediction As WETH Confronts Major Resistance: Key levels To Watch
Join Our Telegram channel to stay up to date on breaking news coverage Wrapped Ether (WETH) price exploded at the beginning of the year, soaring almost 41% to mid-January. Bulls were leading the marke...
FIO Protocol Launches NFT Domains Wrapped on Polygon – Press release Bitcoin News
press release PRESS RELEASE. FIO Protocol, the leading decentralized solution for global blockchain usability, has announced the launch of FIO Domain wrapping on the Polygon blockchain. Wrapping is th...
Bitcoin Wrapped up the Best January since 2013
Having a surge of 39.4% in January 2023, Bitcoin is wrapping up its best month since a 40% surge in October 2021 and its best January since 2013. Newly, transferring at $22,910, bitcoin has been trad...
Cardano Kicks Off ‘Big Week’ as Testnet for Wrapped BTC Goes Live: Details
AnetaBTC, a project aiming to deliver on-chain wrapped BTC on Cardano and Ergo, has launched its public testnet. The anetaBTC v1 testnet has launched on Ergo but remains a Bitcoin testnet. The announc...
NFT Collection Wrapped MoonCatsRescue – Unofficial Price, Stats,…
The total number of owners has reached 725. NFT Collection Wrapped MoonCatsRescue – Unofficial Price and Sales The market capitalization of Wrapped MoonCatsRescue – Unofficial NFT collecti...
Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days – Altcoins Bitcoin News
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 s...
Wrapped Bitcoin On Ethereum Has Fallen 35% Since Last Peak
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 According...
SHIB Burn Rate 5,761% Up as Shiba Inu Surpasses Wrapped Bitcoin (WBTC) by This Metric
Yuri Molchan SHIB army greatly increases burn rate as meme coin has reached several milestones by now Contents SHIB burn rate jumps 5,761% SHIB outperforms WBTC, whales buy more Shiba Inu WhaleStats o...
OpenAI is reportedly raising funds at a $29 billion valuation—and its ChatGPT could challenge Google Search by getting wrapped into Microsoft Bing
OpenAI is reportedly on the verge of becoming one of the most valuable startups in the country—and Microsoft is counting on its ChatGPT chatbot to finally make Bing a worthy challenger to Google’s sea...
Ethereum Name Service (ENS) Wrapped 2022 With Over 2.2M Registrations
Ethereum Name Service (ENS) clocked in over 2.2 million domain names in 2022 despite the devastating turmoil in the crypto market. This also represented nearly 80% of all of the domains created since ...
Pi Network’s Wrapped Pi – Now Live on Binance Chain
Crypto Live News Author: Elena R Jan 2, 2023 13:15 Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she ...
What is Wrapped XRP (wXRP), and how does it work?
Wrapped XRP (wXRP) is a crypto asset pegged to XRP (XRP) and can be used on blockchains other than Ripple’s native XRP Ledger. Ripple is a blockchain-based global payments system providing crypto solu...
SBF slapped with $250M bail bond; FTX co-conspirators take plea deal; SEC declares FTT a security -CryptoSlate Wrapped Daily
The biggest news in the cryptoverse for Dec. 22 is dominated by FTX news as SBF lands in the US and is granted bail pursuant to house arrest, Caroline Ellison takes plea deal to avoid jail, Tornado Ca...
BlockFi Wallet may reopen; Vitalik calls XRP centralized; Judge state Craig Wright is ‘dishonest’: CryptoSlate Wrapped Daily
The biggest news in the cryptoverse for Dec. 15 includes BlockFi, Viltalik, XRP, Greenridge, Ukraine war and more in this CryptoSlate Wrapped Daily. CryptoSlate Top Stories BlockFi confirms move to al...
SBF extradition pending, Binance.US to acquire Voyager’s assets: CryptoSlate Wrapped Daily
The biggest news in the cryptoverse for Dec. 15 includes SBF being sent back to jail and not extradited following his latest hearing, Binance.US planning to acquire the assets of bankrupt crypto lende...
BitGo refused to unwind $50 million in wrapped bitcoin for Alameda
Digital asset custodian BitGo refused to allow Alameda Research to unwind $50 million worth of wrapped bitcoin days before the latter firm went into bankruptcy, BitGo CEO Mike Belshe said today in a T...
Let’s Dispel Some Misconceptions About Wrapped Bitcoin and Ethereum
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) There’s been a ton of chatter about wrapped tokens like Wrapped Bitcoin (WBTC) and Wrapped Ethereum (WETH) this week—som...
Unusual Wobble in Wrapped Bitcoin Showed Trader Fear
The collapse of FTX has put crypto market participants on edge. You see it in the embrace of unsubstantiated, doomsday Twitter chatter, no matter how fanciful. And you see it in the decoupling o...
What’s Happening With Wrapped Bitcoin on Ethereum?
An important “wrapped” token nearly unraveled last week—the latest crypto product to be hurt by the fallout of the once-dominant FTX exchange which collapsed earlier this month. For those who don’t k...
Wrapped Bitcoin (WBTC) is in no danger on Ethereum
The major version of Wrapped Bitcoin on Ethereum (WBTC) has seen a panic crisis following some reports on Twitter. In fact, WBTC has been trading at a persistent discount to BTC since mid-November, fa...
No, Wrapped Ethereum Isn’t In Trouble. Here’s Why
Key Takeaways Crypto Twitter has been sharing jokes about wETH being exploited or losing its peg. At least one media publication—Bloomberg—took the jokes at face value. Wrapped Ethereum does not have ...
Wrapped ether remains perfectly fine, despite jokes on Twitter
It’s all fun and games until someone loses…the plot. What started as a series of jokes among the crypto Twitterati took on a life of its own. But wrapped ether — a token on Ethereum...
Jokes about wrapped ETH depeg cause brief panic on Twitter
Crypto influencers started a joke about wrapped Ethereum (WETH) losing its peg and becoming insolvent over the weekend, causing a brief panic within the community. The joke started on Nov. 26 when blo...
Wrapped Ethereum Insolvency Joke Gets Out of Control as Tron’s Justin Sun Wants to Come to Rescue
Alex Dovbnya Tron founder Justin Sun has gotten in on inside joke about insolvency of Wrapped Ethereum (wETH) Tron founder Justin Sun has picked up a new joke about Wrapped Ethereum (wETH), an ERC-20 ...
Ethereum Insiders Settle Wrapped Ethereum Insolvency FUD
Rising concerns began circulating on Nov. 26 regarding Wrapped Ethereum (WETH) becoming unpegged with ETH. Some speculated that WETH wasn’t backed 1:1 by ETH, which gave rise to insolvency fears. Ethe...
Are Wrapped Bitcoin Under Threat After FTX Crash?
Wrapped Bitcoin (wBTC) is Bitcoin that has been regenerated to be used within the Ethereum ecosystem. Launched in January 2019, wBTC is an Ethereum token that’s backed by Bitcoin (BTC), which implies ...