Trader Loses $68M in WBTC with a Single Click
A crypto trader‘s $68 million loss of WBTC highlights the importance of caution in transfers and trades, underscoring the potential for ‘crypto nightmares.’ Unbelievably, a cryptocurrency merchant suffered a deplorable loss of $68 million of wrapped Bitcoin. The trader referred to a tainted transfer history as the source of the debacle. This occurrence exemplifies a […]
Celsius transfers WBTC worth $529M to FTX exchange
The cryptocurrency industry is worried that the transfer of the wBTC might result in the dump of more than $500 million worth of Bitcoin. Concerns have been raised by some in the community regarding the possibility of a dump when troubled loan provider Celsius transferred nearly 25,000 Wrapped Bitcoin (wBTC) valued at $528.9 million to […]