WBTC Financial News

12.08 / 13:15

Provident WBTC community BitGo Bitcoin information MakerDAO Considers Restricting DAI Minting Against WBTC Amid Restructure Plans

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

25.09 / 09:45

Provident security WBTC BitGo Bitcoin recommendations Features Sky Reconsiders Offboarding Wrapped Bitcoin as Collateral After BA Labs’ Recommendation

31.08 / 17:22

WBTC BitGo Bitcoin prevention Features DeFi Protocol Threshold Proposes Merger with WBTC to Prevent Takeover by Justin Sun

20.08 / 18:36

markets Action security WBTC Trade Bitcoin Whale Accumulates $118M in Bitcoin – How Will Bitcoin Price Respond?

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

12.08 / 08:05

UPS SUN WBTC community BitGo Bitcoin BitGo to Transfer Control of WBTC, Justin Sun Says Involvement Strategic

Crypto custody platform Bitgo is planning to move the wrapped bitcoin (WBTC) product to its joint venture with Hong Kong-based BiT Global which is triggering a backlash due to Justin Sun’s involvement.

12.05 / 08:09

Blockchain CEO WBTC Bitcoin reports Victim Recovers Funds After $71 Million ‘Address Poisoning’ Attack – Here’s What Happened

A victim who fell prey to a sophisticated ‘address poisoning’ attack has successfully recovered almost all of the stolen funds, amounting to a staggering $71 million.

08.05 / 12:01

ETH Telegram WBTC Updates Investigations Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets

Stolen crypto funds tied to a recent $71 million wallet impersonation scam have started moving after six days.

11.03 / 08:35

markets ETH Stablecoin Target WBTC DAO community MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns

Facing unprecedented market volatility and a significant reduction in reserves, BA Labs has proposed an emergency rate adjustment within the MakerDAO community forum.

06.11 / 14:19

Uniswap WBTC CRV Lost MEV Uniswap V3 User’s Costly Liquidity Pool Error: $700,000 Lost to MEV Bot

A trader using the decentralized exchange (DEX) Uniswap V3 lost over $700,000 after he entered wrong values while creating a new liquidity pool.

05.10 / 08:29

Blockchain Ethereum Provident Digital Platform WBTC Bitcoin Wrapped Crypto Tokens, Explained

Tokens are wrapped to make them usable on a different blockchain or in a particular environment to which they are not native.

15.05 / 15:55

UPS Target Digital Platform WBTC US DoJ US DOJ Ramps Up Efforts to Crack Down on DeFi Hacks and Thefts

The alarming rate of DeFi hacks has caught the attention of the US Department of Justice.

05.04 / 10:47

Blockchain Ethereum Provident Lowe's Digital USDT WBTC AAVE investors can savor the moment as the protocol has these plans for…

Aave is looking to expand the accessibility of the third version of its lending and borrowing protocol. The network revealed this through a recently announced proposal that it had plans to expand into the BNB chain.

23.03 / 03:39

Ethereum BTC Platform CryptoQuant WBTC BTC and wBTC whales are signaling to HODLers: Should you harken

This week has seen a significant influx of Bitcoin [BTC] whales as the price of BTC continued its ascent. Yet, the growth in whale behaviors did not originate with Bitcoin on the network alone, but rather with wrapped versions on other networks. The present upswing has also shifted the playing field for long-term investors.

09.03 / 01:43

Blockchain Ethereum WBTC Bitcoin Assessing the far-reaching effects of Compound III’s deployment on Polygon

DeFi lending protocol Compound Finance is in the news after it announced finally deploying its third version to Polygon. Contextually, Compound III is a streamlined version of the main Compound protocol. Here, the former allows the efficient supply of assets and borrowing of stablecoins against various collaterals.

07.03 / 07:13

Ethereum ETH Provident WBTC Aave’s V3 deployment on Ethereum shows strong growth, thanks to…

Aave [AAVE] deployed its V3 iteration on the Ethereum network on 27 January, attracting $257.08 million in deposits and $139.14 million in loans, data from the decentralized lending and borrowing protocol showed.

27.08 / 16:37

Ethereum Provident Platform WBTC NOT Flow: Here’s why short-term traders may not be elated about this price FLOW

Metaverse-driven blockchain,FLOW is in its elements again. As a matter of course, it’s not taking the crypto market by storm with an unrivaled rally. Nevertheless, the network seems to be focused on providing more options for its users who access its decentralized infrastructure.

14.07 / 13:11

UPS Provident Digital WBTC Celsius Files for Chapter 11 Bankruptcy Protection, Clears Debt with Compound

Crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection, MarketWatch reported.

17.06 / 15:41

ETH Oracle WBTC Exploit How Inverse Finance’s $1.2 million exploit played out behind the scenes

The string of DeFi hacks continued to ensue in the crypto market, with the latest victim being Inverse Finance. It suffered a fresh exploit on 16 June worth $1.2 million. It is the latest attack on the protocol after April’s $15.6 million exploits. The PeckShield team released the post-mortem soon after the incident but investors remain on alert.

13.06 / 11:45

ETH Platform Exodus WBTC Withdrawals Terra in May, Celsius in June? Why the heat is on after withdrawals halt, $200M to FTX

There’s no easy way to say this, but current crypto-market conditions can only be described as ‘extreme.’ In fact, ongoing corrections saw the price of Ether and other cryptocurrencies tumble, with many seeing significant liquidations within the market.

11.04 / 15:25

ETH Provident Maxim WBTC TiTi Protocol Secures USD 3.5 Million to Build the First Use-to-Earn Algorithm Stablecoin

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

25.02 / 15:29

Ethereum BTC WBTC Bitcoin What effects broader sentiments had on wBTC supply vis-à-vis DeFi & Ethereum

The immense success that the cryptocurrency industry has experienced over the past couple of years was facilitated not just through Bitcoin‘s rising popularity, but also the emergence of sectors such as decentralized finance. While the sector grew many-fold since mid-2020, it also fostered the growth of tokenized assets that aid in DeFi trade. For instance, stablecoin usage grew 370% in 2021, as compared to the previous year.

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