Tag: Wrapped

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...

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...