Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises
Prices for ren, the token for the RenVM DeFi network, experienced a great week, as the demand for bitcoin rises on DeFi.
Monthly value of minted WBTC grew 160% from August.
The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why.
BitGo “unwrapped” over 11,600 WBTC last month.
More than 92,000 bitcoins have been tokenized on Ethereum.
The firm claimed 14,654 WBTC in August following approval of its Compound collateral proposal.