Tag: wBTC

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Crypto Exploiter Steals $68M Worth of Wrapped Bitcoin (WBTC) Through Wallet-Address Poisoning

Crypto Exploiter Steals $68M Worth of Wrapped Bitcoin (WBTC) Through Wallet-Address Poisoning

Address poisoning is a technique that involves tricking the victim into sending a legitimate transaction to the wrong wallet address by mimicking the [...]
Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada

Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada

Kraken will suspend all transactions related to USDT, DAI, WBTC, WETH, and WAXL in Canada in November and December, according to multiple customer ema [...]
Bitcoin Price Drops Below $28K as Options Expire, Traders Borrow WBTC From Aave

Bitcoin Price Drops Below $28K as Options Expire, Traders Borrow WBTC From Aave

The leading cryptocurrency by market value slipped by 1% to $27,546 during European hours having failed to keep gains above $29,000 on Thursday, CoinD [...]
Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius

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 [...]
Wrapped Bitcoin (WBTC) on the Rise Coming into the New Year

Wrapped Bitcoin (WBTC) on the Rise Coming into the New Year

After Wrapped Bitcoin (WBTC) dipped yesterday to a low of $16,447 (WBTC/USD), it is steadily increasing. Today, the stablecoin is up 0.04% compared to [...]
Is Wrapped Bitcoin’s (WBTC) Stability Getting Ready to Change?

Is Wrapped Bitcoin’s (WBTC) Stability Getting Ready to Change?

Over the past week, we have seen a very stable-looking Wrapped Bitcoin (WBTC). While this is a stablecoin that is linked by design to Bitcoin (BTC), t [...]
Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO

Mike Belshe, the CEO of digital asset custodian BitGo has confirmed that Alameda Research attempted to redeem 3,000 Wrapped Bitcoin (wBTC) in the days [...]
Wrapped Bitcoin (WBTC) Looks Strong Heading into the Weekend

Wrapped Bitcoin (WBTC) Looks Strong Heading into the Weekend

Cryptocurrency trading often heats up right as the weekend starts, just before other financial markets close. Wrapped Bitcoin (WBTC) is currently trad [...]
Wrapped Bitcoin (WBTC) Falling Sharply Coming into the Weekend

Wrapped Bitcoin (WBTC) Falling Sharply Coming into the Weekend

Early Friday morning, stablecoin Wrapped Bitcoin (WBT) dropped precipitously from $18,982 (WBTC/USD) to $18.752. The coin is down 2% for the day so fa [...]
What’s Up with Wrapped Bitcoin’s (WBTC) Wild Week?

What’s Up with Wrapped Bitcoin’s (WBTC) Wild Week?

Wrapped Bitcoin fell below $19,000 again today, marking another volatile event for the stablecoin. This has been a week with plenty of action for this [...]
Why Is Wrapped Bitcoin (WBTC) So Erratic Right Now?

Why Is Wrapped Bitcoin (WBTC) So Erratic Right Now?

We have been tracking Wrapped Bitcoin (WBTC), and we are seeing it spike up today by 4.29%. That brings the rate to $24,045 (WBTC/USD), about on par w [...]
Did Wrapped Bitcoin (WBTC) Fully Recover from Thursday Drop?

Did Wrapped Bitcoin (WBTC) Fully Recover from Thursday Drop?

On Thursday, Wrapped Bitcoin fell 4%, pulled down by Bitcoin (BTC), since the two are tied together. Stablecoin Wrapped Bitcoin is up just 0.86% today [...]
Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?

Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?

Embattled lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million to crypto exchange FTX, prompting concer [...]
Wrapped Bitcoin (WBTC) Takes Sharp Nosedive after Yesterday’s Steadiness

Wrapped Bitcoin (WBTC) Takes Sharp Nosedive after Yesterday’s Steadiness

The crypto market is looking down today, and Bitcoin (BTC) is down 4.51%, which means Wrapped Bitcoin is down as well. The WBTC rate is at $19,163 (WB [...]
Market Drop Pulls Wrapped Bitcoin (WBTC) below $31,000

Market Drop Pulls Wrapped Bitcoin (WBTC) below $31,000

The crypto market shot up a few days ago, but it’s back down today, and Wrapped Bitcoin (WBTC) is one of the more high profile losers today. This cryp [...]
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