Bitcoin (BTC) $114,974.92 1.81%
Ethereum (ETH) $3,629.26 1.59%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 166.881326 1.72%
Dogecoin (DOGE) $0.20 1.73%
Cardano (ADA) $0.73 1.02%
Chainlink (LINK) $16.59 1.47%
Litecoin (LTC) $116.58 -4.61%
Helium (HNT) 2.709826 -0.46%
Polygon (MATIC) 0.25693 2.45%
Dash (DASH) $21.19 0.80%
X-CASH (XCASH) 2.0E-6 -2.52%

Cryptocurrencies: 26901

Markets: 106767

Market Cap: $3,743,426,752,261

24h Vol: $129,864,322,227

Bitcoinist

2023-03-01 10:36:39

Wrapped Bitcoin Supply Declines To Negative, Here’s Why

Wrapped Bitcoin Supply Declines To Negative, Here’s Why

In a significant development, the supply of Wrapped Bitcoin (wBTC) has dropped to a negative value after a significant burn of 11,500 wBTC. The burn was linked to Celsius, a decentralized finance platform offering cryptocurrency lending and borrowing services. Related Reading: 52 Million Americans Own Crypto Amid ‘Frustration’ In Biased Financial System: Survey The burn

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