2022-10-3 15:00 |
wETH is the ERC-20 compatible and tradable version of ETH and can be used to interact with other ERC-20 assets.
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Over the weekend, fears circulated in the crypto community stemming from claims that Wrapped Ethereum tokens could be at risk of losing their 1:1 value against ETH. However, the claims...
Crypto influencers started a joke about wrapped Ethereum (WETH) losing its peg and becoming insolvent over the weekend, causing a brief panic within the community. The post Jokes about wrapped ETH depeg cause brief panic on Twitter appeared first on CryptoSlate.
Binance has introduced mining pools for ETHW users, offering zero fees for a limited time. ETHW is a forked version of Ethereum that retains the Proof-of-Work components of the blockchain before the merge.
The crypto community chose to link the funds’ withdrawal with Nexo’s insolvency rumors due to the wallet's name — Nexo: 0x8fd.