Bitcoin Tokenized on Ethereum Is Exceeding Mined BTC
The Ethereum-led DeFi token bullrun has created a situation where Bitcoin tokenized on the platform exceeds actual Bitcoin mined, according to on-chain analytics firm Dune Analytics. Bitcoin on E thereum a Hit Over 1,100 more Bitcoin was represented on the Ethereum blockchain as of August 17, data on Dune Analytics shows. Interestingly, these “Wrapped Bitcoins” are
Source: Bitcoin Tokenized on Ethereum Is Exceeding Mined BTC
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About Author
Harry Gill
Harry is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets and Journalism he decided to become a half time trader half time journalist in the financial and cryptocurrency sector.He can be contacted at harry.gill@cryptonewspipe.com