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Kraken will suspend all transactions related to USDT, DAI, WBTC, WETH, and WAXL in Canada in November and December, according to multiple customer emails shared with Cointelegraph.In response to a request for comment from Cointelegraph, a Kraken spokesperson said, via email, “we constantly monitor the assets on our platform to
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A trader on Aave, a decentralized liquidity protocol operating on multiple platforms, including Ethereum and OP Mainnet, has begun selling wrapped Bitcoin (WBTC) to
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The leading cryptocurrency by market value slipped by 1% to $27,546 during European hours having failed to keep gains above $29,000 on Thursday, CoinDesk data show. At 08:00 UTC, Deribit, the world's largest crypto options exchange by trading volumes and open interest, settled bitcoin options worth over $4 billion. Source
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press release PRESS RELEASE. Leading DeFi protocol BTC PROXY today expanded support for the Binance BNB Chain as well as updating support on Ethereum and Polygon for their ($BTCpx) Bitcoin Proxy. Minting and bridging of BTCpx to the three networks goes live on or after March 10th, 2023. This fulfilled
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The supply of wrapped Bitcoin (wBTC) dropped to its lowest since May 2021 after the second-largest single-day burn on Feb. 27. A total of 11,500 WBTC worth about $260 million linked to now-bankrupt crypto lender Celsius was burned, turning its growth rate to negative. The current total supply of the wrapped
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Mike Belshe, the CEO of digital asset custodian BitGo has confirmed that Alameda Research attempted to redeem 3,000 Wrapped Bitcoin (wBTC) in the days before FTX’s bankruptcy filing on Nov. 11. During a Dec. 14 Twitter Spaces hosted by decentralized finance (DeFi) researcher Chris Blec, Belshe confirmed the firm knocked back
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Embattled lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million to crypto exchange FTX, prompting concerns from some in the community about whether a dump may soon follow. The huge transfer to the exchange comes after the lending platform paid off its remaining $41.2 million of debt
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Summary:Wrapped Bitcoin (BTC) has flipped the market cap of Bitcoin SV (BSV)$320 Million in market capitalization separates the two assetsDemand for Bitcoin on Ethereum continues to increase and has fueled the growth of WBTCWBTC is also available on the Tron network Wrapped Bitcoin (WBTC) has surpassed the market capitalization of Bitcoin
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Wrapped Bitcoin delivers the power of Bitcoin with the flexibility of an ERC20 tokenWith the rise in popularity of ERC20, digital tokens in the Ethereum ecosystem have emerged as an important asset class. These tokens have all the advantages that blockchains and Ethereum have to offer in terms of transparency
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