📉 Latest developments in the crypto market!
- WBTC (Wrapped Bitcoin) now supports Ethereum, Base, Kave, Osmosis and Tron networks.
- 99.8% of WBTC is on the Ethereum network, a total of 154,726 WBTC ($94.5 billion) have been minted.
- 41% of WBTC is in the lending ecosystem, the largest user is MakerDAO.
- BitGo and BiT Global collaborate for safer storage of WBTC globally.
- MakerDAO plans to reduce WBTC collateral. 🚨