WETH News

The arbitrage bot was hacked and lost about $2 million in one of the pools of the Curve Finance platform. This was first reported by a user under the pseudonym Spreek. He suggested that the hack occurred due to the…

wETH is designed, for the most part, to function like any other wrapped token. A wrapped token is a tokenized version of the cryptocurrency on which they maintain a peg. wETH's instances, it's pegged to Ethereum, WBTC is pegged to Bitcoin, etc.

wETH, the wrapped version of ETH, did not de-peg from the spot price of Ethereum (ETH).

Wrapped Ethereum (WETH), a tokenized version of Ethereum, contributes to reaching higher interoperability and integration with other blockchains as well as promoting the ETH use in dApps.

Earlier today, Wormhole Network posted a tweet explaining that their network was down following a cyber attack. They detailed that some hackers manipulated their systems and did away with 120k wETH. They have also asked their clients to be patient…

In a recent announcement, next-gen cryptocurrency exchange AAX unveiled the launch of Wrapped Ether (wETH) direct deposits and withdrawals, making it the first and only crypto platform to allow users to trade the token with other ERC-20 tokens on decentralized…

The decentralized lending platform built on the Ethereum blockchain, Aave says that it will scale its DeFi platform beyond its blockchain by joining several sidechains, including Polygon.  Aave Addresses Transaction Fees Block space supply today is scarce and limited, leading…