Bullish WBTC price prediction is $21,030 to $52,370. WBTC price will also reach $60K soon. WBTC bearish market price prediction for 2022 is $12,871. In Wrapped Bitcoin (WBTC) price prediction 2022, we...
Tag: Wrapped
Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months – Coinotizia
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 drop...
Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months – Market Updates Bitcoin News
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 drop...
Polygon (MATIC) Price Calms a Little After a Magnificient Jump of 30%, Have Bulls Wrapped it Up?
MATIC’s surprising price action from the past couple of days has raised many eyebrows in the crypto space. The recently market collapse had dragged the asset to its bottoms below $0.4, but the Polygon...
Celsius transfers $124 million in wrapped bitcoin from Aave
Celsius Network, a centralized lending firm undergoing a major insolvency crisis, continues to repay and reclaim large amounts of collateral from DeFi protocols. At around 9:14 a.m. ET, Celsius withdr...
Dump Incoming? Celsius Pays Back Maker Loan, Moves $440M in Wrapped Bitcoin to FTX
The temperature seems to have changed for struggling crypto lender Celsius. After keeping client withdrawals, transfers, and swaps frozen for nearly a month—a move Celsius said it took to “stabilize l...
Wrapped LUNA Classic on Ethereum (wLUNC) To Get LUNA 2.0 Airdrop At Later Date Including Coinbase Holders
– Advertisement – FatMan At It Again, Explaining Everything About Terra wLUNC airdrop To The Community. For some time now, the Terra community has been a zone of discomfort, especially s...
SHIB Wrapped on BNB Chain Can Now Be Used for Payments via This Company: Report
Yuri Molchan NOWpayments has announced that it is now enabling businesses to accept payments in Shiba Inu via BSC chain In a recent blog post, NOWPayments has spread the word that it is now helping bu...
Whale Adds $12 Mln Of Wrapped Ethereum (WETH) Amid Price Crash
The world’s second largest cryptocurrency Ethereum (ETH) has emerged to be one of the biggest losers out of the top tokens. ETH prices have plunged by more than 15% over the past week. However, this m...
What is Wrapped Luna – Where to Buy WLUNA Crypto
Wrapped Luna (WLUNA) is an Ethereum based token that serves as a blockchain representation of Terra (LUNA). It’s a separate ERC-20 token designed to monitor LUNA’s worth. WLUNA was established to prov...
What is Wrapped Bitcoin (WBTC)? A Beginner’s Guide
In brief WBTC is an Ethereum ERC-20 token that represents Bitcoin and can be swapped on a 1:1 basis for BTC. BTC holders can use WBTC to participate in Ethereum’s decentralized finance (DeFi) ec...
Coinbase: Plans To Suspend Trading Of Wrapped LUNA And TerraUSD Following LUNA Crash
Coinbase has decided to suspend the trading of wrapped Luna (WLUNA) and TerraUSD (UST). Terra’s LUNA and TerraUSD (UST) have faced drastic price fluctuation lately as they both crashed. Bi...
Crypto Exchange Coinbase Announces TerraUSD (UST) and Wrapped Terra (WLUNA) Trading Suspensions After LUNA Crash
Crypto exchange giant Coinbase is announcing plans to suspend trading of TerraUSD (UST) and Wrapped Luna (WLUNA) on all levels of the platform. Coinbase Assets recently made the announcement on Twitte...
What Are Wrapped Tokens & What Are They Used For? – crypto.news
Wrapped tokens make it possible for digital assets, such as bitcoin, to be used on blockchains other than the network they natively operate on to address the issue of blockchain interoperability. In ...
What Are Wrapped Tokens? How They Work and What They’re Used For
In brief Wrapped tokens are a way to use cryptocurrencies such as Bitcoin or Dogecoin on blockchains other than the blockchain they were originally built on. Wrapped tokens are backed 1:1 by their und...
Whales Add $28 Mln Worth Of Wrapped BTC, DeFi Trade To Spike?
The world’s largest cryptocurrency, Bitcoin (BTC) is finally showing some recovery from the recent dump. BTC prices have registered a marginal increase of around 1% in the last 7 days. Meanwhile, Bitc...
How Wrapped Bitcoin And TradFi Products Muddy On-Chain Analysis
On-chain analysis is an important part of the bitcoin ecosystem. It helps to show activity on the network and can give a good indication of how investors are feeling about the digital asset. In the ea...
Are Whales Turning To Defi? Wrapped BTC (WBTC) Volumes Skyrocket
Some major Bitcoin traders appear to be turning to DeFi to maintain returns on their investment, whale trading data showed on Monday. Wrapped Bitcoin (WBTC), an Ethereum-based variant of Bitcoin (BTC)...
Celsius introduces wrapped Bitcoin on Polygon
Celsius, a world-leading cryptocurrency lending and borrowing platform, will soon offer Bitcoin (BTC/USD) as a wrapped asset through its DeFi arm CelsiusX, Invezz learned from a press release. Tokens ...
ETH whales bought $76.3K worth of Wrapped Luna last week
New on-chain data published by DailyHodl shows that some of the biggest Ethereum (ETH/USD) whales are stocking up on Wrapped Luna, one of Ethereum’s main competitors. The 100 biggest ETH wallets made ...
DraftKings Wrapped Up Its Investor Day. These Are the Main Takeaways.
Text size Scott Eisen/Getty Images for DraftKings DraftKings is on its way to achieving a path to profitability as it works to increase gross margins and reduce spending on customer acquisition, the c...
Wrapped Bitcoin Supply Slows as DeFi Demand Dwindles
The supply of wrapped or tokenized Bitcoin has stalled as the demand for decentralized finance cools amid a market-wide retreat. One consequence of the onset of a bear market and plunge in cryptocurre...
NFTs most popular assets on Ethereum, but Wrapped Bitcoin growth stalls
Transfers of nonfungible tokens (NFT) on Ethereum have surpassed transfers of stablecoins and altcoins while the supply of wrapped Bitcoin (WBTC) has remained relatively stagnant since late last year....
Wrapped Bitcoin Inflows Stall as Ethereum DeFi Use Down: Report
In brief Wrapped Bitcoin helps BTC holders get involved in the DeFi scene on Ethereum. The amount of WBTC on the Ethereum network has plateaued since December. This corresponds roughly with the crypto...
The Curse of Cross-chain Bridges: Centralization and Wrapped Tokens Putting Users’ Assets at Risk
Ethereum co-founder Vitalik Buterin sounded alarm last month over the security of cross-chain bridges, most of which are highly vulnerable in the event of 51% attacks. Buterin said in a Reddit post t...
Portal Removes The Need For Wrapped Tokens And External Custodians For Cross-Chain Asset Transfers
Cross-chain bridges can unlock tremendous potential in the crypto world. But, unfortunately, this technology has certain issues and the wrapped tokens they use. Portal wants to change that narrative b...
DEX Portal’s multichain future without wrapped tokens
According to Vitalik Buterin, most cross-chain bridges are highly vulnerable in 51% of attacks. Locking and wrapping funds onto other chains is neither trustless nor decentralized. Portal, a true cros...
AVAX, Matic and Wrapped BNB and Ethereum Have Critical Vulnerability on Multichain, 450 ETH Stolen
Arman Shirinyan Security issues were noticed previously but, unfortunately for the protocol’s users, funds were stolen Contents The vulnerability Hackers succeed The previously reported vulnerab...