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Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin

Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin

ave's Q2 2023 report shows a 9% growth in total value supplied, outpacing the market. Key developments include the launch of GHO stablecoin, a rise in stETH deposits, and the anticipated release of Portals.

One Whale Trades Majority of Ethereum for Bitcoin

One Whale Trades Majority of Ethereum for Bitcoin

A crypto whale traded 5,500 Ethereum for 344.1 Wrapped Bitcoin (WBTC), valued at $8.85 million, diversifying its portfolio. The whale purchased these 6,541 Ethereum on September 9, 2023, at an average price of $1,630, totaling 10.66 million USDC. The transaction demonstrates strategic planning and market understanding.

Binance Integrates WBTC on Kava EVM and BONK on BNB Smart Chain

Binance Integrates WBTC on Kava EVM and BONK on BNB Smart Chain

Binance completes integration of Wrapped BTC (WBTC) on Kava EVM and Bonk (BONK) on BNB Smart Chain, facilitating deposits and withdrawals.

GalaSwap Unveils Trading Competition with SOL/WBTC Pair

GalaSwap Unveils Trading Competition with SOL/WBTC Pair

GalaSwap introduces a trading competition featuring the SOL/WBTC pair, aiming to boost engagement and liquidity within the GalaChain ecosystem. Participants can win NFTs based on their trading volumes.

wBTC Supply Hits 9-Month Low After Major Burn

wBTC Supply Hits 9-Month Low After Major Burn

The supply of wrapped Bitcoin (wBTC) has hit its lowest point since May 2021 following a significant burn of 11,500 wBTC linked to Celsius. The current total supply of wBTC stands at 164,396, with a monthly growth rate of -7.39%. wBTC is an ERC-20 token that mirrors the value of Bitcoin and is pegged 1:1 with its price. It is managed by the decentralized autonomous organization wBTC DAO.

Shiba Inu Shibarium Introduces Wrapped BONE and Hosted Blockscout Explorer

Shiba Inu Shibarium Introduces Wrapped BONE and Hosted Blockscout Explorer

Shibarium has 1 million wallets and near 1 million transactions. It launched a hosted Blockscout explorer and expanded its token bridge to include various tokens. The Wrapped BONE contract has been verified, and Shibarium plans to renounce the Bone contract.

Bitcoin Flows into Ethereum Network and Corporate Treasuries as WBTC

Bitcoin Flows into Ethereum Network and Corporate Treasuries as WBTC

Throughout 2021, Bitcoin’s circulating supply has experienced significant changes as part of it has flowed into the Ethereum (ETH) network, exchange-traded investment vehicles, and corporate treasuries in the form of WBTC.

Bitcoin Needs to Hold the $43.1K Level to Avoid a Slip back to $38K

Bitcoin Needs to Hold the $43.1K Level to Avoid a Slip back to $38K

Bitcoin ought to hold the $43,100 level to avoid dropping below the psychological price of $40,000.

DeFi Reaches Record High of $13.7 Billion in Total Value Locked

DeFi Reaches Record High of $13.7 Billion in Total Value Locked

The decentralized finance sector has reached a new all-time high of $13.69 billion in total value locked (TVL).

Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked

Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked

Decentralized finance (DeFi) keeps booming as one of its Bitcoin tokenization protocols recently skyrocketed by 900% in a span of two months.

DeFi was the Main Trigger of Bitcoin Flowing to Ethereum, ETH Price to Surge Even Higher

DeFi was the Main Trigger of Bitcoin Flowing to Ethereum, ETH Price to Surge Even Higher

Currently, the DeFi sector’s total value locked (TVL) has surged above $16 billion, setting a new high for the ecosystem, according to DeFi Pulse.

$1.5 Billion of BTC Locked Up In Ethereum

$1.5 Billion of BTC Locked Up In Ethereum

Bitcoin maxis are turning to the dark side as the value proposition of DeFi sees record levels of Bitcoin on Ethereum.

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