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Wrapped Bitcoins

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the YearThis year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC. Similarly, the quantity of tokenized […]

Vijay Chetty Steps Up as CEO of Eclipse Labs After Founder Neel Somani’s Departure Over Allegations

Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months

Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 MonthsThree months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthetic bitcoins and today the number of wrapped or bonded bitcoins is approximately 387,964 worth $8.81 billion in value. Number […]

Vijay Chetty Steps Up as CEO of Eclipse Labs After Founder Neel Somani’s Departure Over Allegations