Market Cap: $3,363,512,843,742
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Cryptocurrencies: 26585
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Cryptocurrencies: 26585
Markets: 104250
Market Cap: $3,363,512,843,742     
24h Vol: $68,523,822,230
CoinGape 2022-11-27 12:51:37

What is Wrapped Bitcoin (wBTC)? Are Wrapped Tokens Under Threat After FTX Crash?

What is Wrapped Bitcoin (wBTC)? Are Wrapped Tokens Under Threat After FTX Crash?
Wrapped Bitcoin (wBTC) is Bitcoin that has been regenerated to be used within the Ethereum ecosystem. Launched in January 2019, wBTC is an Ethereum token that’s backed by Bitcoin (BTC), which implies that one wBTC should always be equal to one Bitcoin. The wBTC token permits users to move with a variety of Ethereum decentralized The post What is Wrapped Bitcoin (wBTC)? Are Wrapped Tokens Under Threat After FTX Crash? appeared first on CoinGape .
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