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

According 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 N...