Bitcoins Are Being Tokenized Faster Than They’re Mined as DeFi Craze Continues

Bitcoins Are Being Tokenized Faster Than They’re Mined as DeFi Craze Continues

Daily WBTC and BTC issuance since August 9

Since Sunday, 1,043 more bitcoins were tokenized through than were actually created by bitcoin miners as the Ethereum-based decentralized finance (DeFi) boom shows no signs of abating.

Ether’s Rally to 25-Month High on DeFi Boom Drives Record Demand for Derivatives

Previous

Crypto Long & Short: The Surprisingly Sunny Outlook for Crypto Hedge Funds

Next

More