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Coinbase to delist trading of WBTC in December
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WBTC depegs from BTC: The fear is real
$100,405.00
24h Volume
$343,253,923
Market Cap
$13,637,474,198
24h Low/High
$100,240.00 /
$102,214.00
24h
-0.79%
7d
0.24%
Latest Wrapped Bitcoin News
News
Australia’s securities regulator has unveiled proposals for stricter oversight of the crypto market, aiming to enhance “consumer protection.” Australia is moving to tighten oversight of cryptocurrencies, pointing out “practical licensing issues” of stablecoins and wrapped tokens. In a Dec. 4…
News
The price of Wrapped Bitcoin tanked below $6,000 on Binance just a few days after Coinbase delisted it amid liquidity concerns. Wrapped Bitcoin (WBTC), issued by crypto firm BitGo, lost nearly 95% of its value in under an hour on…
WBTC
Wrapped Bitcoin
BTC
Bitcoin
News
Coinbase announced it will suspend trading of Wrapped Bitcoin — WBTC — on December 19, 2024, across all its platforms, including Coinbase.com and Coinbase Prime. The decision follows a routine asset review and shifts WBTC order books to limit-only mode.…
WBTC
Wrapped Bitcoin
BTC
Bitcoin
News
Crypto exchange Kraken has joined the race for dominance in the realm of Wrapped Bitcoins, unveiling its own Ethereum-based token, kBTC. The landscape of Wrapped Bitcoins is becoming more crowded as U.S.-based crypto exchange Kraken has introduced its own Wrapped…
WBTC
Wrapped Bitcoin
News
21.co, the parent company of 21Shares, has announced a strategic partnership with Crypto.com. The collaboration will enhance liquidity and custody solutions for 21.co’s wrapped tokens, starting with its wrapped Bitcoin (BTC). Wrapped tokens like 21BTC allow users to use Bitcoin…
News
Crypto custodian BitGo plans to launch a dollar-backed stablecoin next year, offering rewards to liquidity providers. BitGo is set to launch a dollar-backed stablecoin dubbed USDS in January 2025, positioning it as the first “open-participation stablecoin” in the market. In…
USDT
Tether
News
Sky, formerly MakerDAO, is evaluating the removal of Wrapped Bitcoin from SparkLend over concerns about its ties to Justin Sun. Sky is considering removing Wrapped Bitcoin (WBTC) as collateral from its decentralized finance platform SparkLend, citing concerns about the token’s…
WBTC
Wrapped Bitcoin
News
Coinbase is rolling out cbBTC — Coinbase Wrapped BTC — an ERC20 token backed 1:1 by Bitcoin, which Coinbase holds. According to a press release shared with crypto.news, the cbBTC token is now available on Base and Ethereum (ETH). Wrapped…
News
21.co is expanding the lineup of wrapped tokens, bringing its Wrapped Bitcoin to the Ethereum blockchain. 21.co, the parent company of crypto exchange-traded products provider 21Shares, has announced the launch of its Wrapped Bitcoin (21BTC) on the Ethereum blockchain. In…
News
Crypto scammers successfully stole a whopping 1,155 wrapped Bitcoin using a technique that tricks users into malicious transactions.Â
WBTC
Wrapped Bitcoin
News
Justin Sun’s crypto exchange Poloniex sees WBTC trading at a 20% discount, raising concerns over its peg to Bitcoin. The price of Wrapped Bitcoin (WBTC) on Poloniex in a trading pair with BTC has dropped by 22%, raising concerns over…
BTC
Bitcoin
Markets
As Bitcoin (BTC) grapples with resistance near the $30,000 level after a week of fluctuations, Compound (COMP) rises by 10% in 24 hours. At the beginning of the week, Bitcoin opened with a certain price, and since then, it has…
News
According to the on-chain security and data analytics company PeckShield, two wallet addresses, marked as the bankrupt Celsius Network, have awakened again. Per the tweet, the address 0x845…f212c has moved roughly 10,628 wrapped bitcoin (WBTC), worth around $250.3 million at…
News
Investors burn a record high of 10,000 WBTC worth $170 million at the moment amid a slump in DeFi, the market data shows. The volume of WBTC has decreased over the last week. As of December 6, the supply of…
News
Bitcoin-backed Wrapped Bitcoin (WBTC) tokens have been trading at a discount compared to their Bitcoin backing ever since the fall of major crypto exchange FTX. Market data provided by Done shows that Wrapped Bitcoin has been consistently trading at a…
News
MarkDAO the Dai stablecoin issuer passed a 100% governance vote to remove the Alameda backed renBTC collateral.
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