Let’s Dispel Some Misconceptions About Wrapped Bitcoin and Ethereum
This week saw misinformation on Twitter about potential "insolvency" of WETH. None of that was accurate. Here's how wrapped coins work.
Original source
Read on DecryptRelated market context
Bitcoin, XRP spot ETFs see inflows while Ethereum records outflows on June 12
Bitcoin and XRP ETF inflows suggest cautious optimism, while Ethereum's outflows highlight potential liquidity and investor confid...
Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral
TL;DR Aave Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum. The propo...
Bitcoin Selloff Pushes Over Half of Supply Into Loss, Worst Week Since FTX Collapse
Bitcoin fell below $60,000, pushing over 50% of circulating supply into loss. The worst week since FTX collapse raises questions a...
Michael Saylor says investor confidence in Ethereum has collapsed
Ethereum's declining investor confidence signals a shift towards Bitcoin dominance, emphasizing real-world utility over speculativ...
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Ethereum Foundation’s Kohaku proposes post-quantum account protection for $0.07
Kohaku's opt-in quantum protection could accelerate Ethereum's security evolution, influencing investor confidence and market dyna...