Tag: Wrapped
Australia to impose capital gains tax on wrapped cryptocurrency tokens
The Australian Taxation Office (ATO) has issued guidance on capital gains tax (CGT) treatment of decentralized finance (DeFi) and wrapping crypto toke [...]
Mastercard announces successful wrapped CBDC trial results
Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin (wBTC [...]
Wrapped Crypto Tokens, Explained
What is a wrapped token? Tokens are wrapped to make them usable on a different blockchain or in a p [...]
Wrapped Bitcoin Token Goes Live on Cardano Testnet
The anetaBTC project aims to attract bitcoin liquidity to the Cardano ecosystem.
www.coindesk.com [...]
Zambia’s crypto regulation tests to be wrapped by June: Report
Cryptocurrency regulation tests aiming to help shape crypto laws in Zambia that simulate the real-world use of crypto are on track to finish by June.I [...]
Crypto Lender Kokomo's Developers Use Wrapped Bitcoin for $4M ‘Exit Scam’
All social media presence was deleted and Kokomo tokens fell 95%.
www.coindesk.com [...]
Embattled Crypto Lender Celsius Network Allocates $25M for Custody Account Withdrawals, Burns $500M in Wrapped Bitcoin
Crypto lender Celsius Network, which is currently operating under bankruptcy protection, has established a crypto wallet with $25 million of digital a [...]
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 [...]
Ether Staking Service Lido Granted 1M Optimism Tokens to Incentivize Wrapped Staked Ether Adoption
Lido and Optimism aim to increase the availability of wrapped staked ether (wstETH) with OP tokens through the new liquidity mining and user incentive [...]
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
The exploiter is probably earning yields on staked cryptocurrency.
www.coindesk.com [...]
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?
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 [...]
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- [...]
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 Trades at Discount Amid Market Contagion
“Alameda was one of the most important market makers for some small-cap altcoins, while other major market makers registered losses and are likely to [...]