Auto Added by WPeMatico

$165 Million BTC Moved To ETH After UNI Token Launch: Report

$165 million Bitcoins were moved to Ethereum right after the Uniswap UNI token launch as the supply of the tokenized BTC is continuously growing. In today’s Bitcoin news, we are reading more about the WBTC supply. Over 15,000 WBTC was minted Since September 17 which was prompted by the UNI token yield farming incentive on Uniswap. The comparative returns for Bitcoin-based pools got higher than Ethereum and Chainlink on DeFi platforms like yEarn Finance. Curve added a new HBTC pool right next to the existing BTC-based pool which is backed by RenBTC and wBTC and sBTC. WBTC or wrapped bitcoin…

Continue Reading $165 Million BTC Moved To ETH After UNI Token Launch: Report

End of content

No more pages to load