Tag: Wrapped
Solana’s Wrapped Bitcoin Price Craters After FTX Shuts Exit Ramp
Sollet Bitcoin (soBTC), a so-called “wrapped” asset supposedly backed 1-to-1 with bitcoin, plummeted $10,000 at around 2:00 p.m. Eastern Standard Time [...]
Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange
The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda [...]
BitGo Joins Dogecoin Frenzy as Crypto Custody Firm Rolls Out a Wrapped Version
The announcement comes as DOGE surged 102% in October
www.coindesk.com [...]
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 [...]
MakerDAO revenue tumbles 86% on Ether and wrapped BTC woes
MakerDAO, the governing body of the Maker Protocol has seen its revenue plummet in the third quarter of 2022, caused by a fall in loan demand and few [...]
What is wrapped Ethereum (wETH) and how does it work?
Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize i [...]
Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO
Just a few days after market analysts predicted a 50% drop in NEXO price due to regulatory pressure and investor concerns, a crypto wallet address lab [...]
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 [...]
Coinbase introduces wrapped staked ETH asset ahead of the Merge
Coinbase has launched a new asset in which Ether tokens are staked and wrapped through the crypto exchange.In a Wednesday announcement, Coinbase said [...]
Polkadot Now Has a Decentralized Version of ‘Wrapped’ Bitcoin
Users deposit bitcoin into the vaults in exchange for iBTC. At this point, the bitcoin is locked in the vault while vault collateral is locked by the [...]
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?
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 [...]
Mattel CEO says ‘Barbie’ movie production wrapped Thursday, exactly a year before release date
Mattel CEO Ynon Kreiz told CNBC's Jim Cramer that the company's highly anticipated Barbie movie finished production on Thursday."What is special now i [...]
Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
The troubled crypto lender Celsius has closed its last remaining loan from a DeFi protocol after previously paying off loans on Aave and Maker loan.
[...]
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 [...]