$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain

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$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum BlockchainAccording to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin (BTC) has grown massively in recent weeks and since news.Bitcoin.com’s last report […]

The post $700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain appeared first on Bitcoin News.

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