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3232Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
https://www.digit.info/wrapped-bitcoin-project-sees-18-redemption-of-circulating-supply-in-54-days/
Fri, 20 Jan 2023 22:30:59 +0000https://www.digit.info/2023/01/20/wrapped-bitcoin-project-sees-18-redemption-of-circulating-supply-in-54-days/Read more]]>Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022.
WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions
The […]
]]>There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
https://www.digit.info/theres-close-to-300000-bitcoin-pegged-tokens-hosted-on-eth-and-bsc-value-exceeds-12-billion/
Wed, 19 May 2021 03:30:35 +0000https://www.digit.info/2021/05/19/theres-close-to-300000-bitcoin-pegged-tokens-hosted-on-eth-and-bsc-value-exceeds-12-billion/Read more]]>For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or the Binance Smart Chain. Layer 2 and Sidechain Competitors Command $251 Million in Bitcoin Value […]
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022.
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or the Binance Smart Chain. Layer 2 and Sidechain Competitors Command $251 Million in Bitcoin Value […]