1% Of Bitcoin’s Supply Now Locked In The WBTC Protocol
Data analysis shows that one percent of Bitcoin’s circulating supply is now tokenized as Wrapped BTC (WBTC). That amount equates to around $6.2 billion worth of BTC. This amount is ...
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Tag: wBTC
Wrapped Bitcoin (WBTC) Surpasses $1B After 900% Surge In 2 Months
In the previous few months, the DeFi frenzy has resulted in $900 million worth of Bitcoin tokenized using Wrapped Bitcoin in just two months. That DeFi bull-cycle pushed the cumulative ...
1000 WBTC Minted on ETH Thwarts Whole Lightning Network
A single transaction on May 13 created more Wrapped Bitcoin (WBTC) on the Ethereum network compared to the cumulative amount of BTC locked in the entire Lightning Network. A thousand ...