Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While…
Tokenized Bitcoin On Ethereum Crosses $11 Billion Notional, WBTC Commands 76% Of Circulating Supply
According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects,…
There’s Close To 300,000 Bitcoin-Pegged Tokens Hosted On ETH And BSC, Value Exceeds $12 Billion
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied…
Bitcoin-Pegged Token Crafted By Binance Swells, BTCB Now Commands $2.3 Billion Market Cap
Over the last twelve months wrapped or synthetic bitcoin projects have swelled a great deal. The digital token called wrapped bitcoin, for example, has 141,503 WBTC in circulation today, but…