In brief


$94,660.00
-1.39%$1,814.29
-1.61%$2.18
-1.34%$591.62
-0.93%$146.81
0.66%$0.999996
0.00%$0.173385
-1.40%$0.688762
-1.56%$0.250387
0.79%$1,813.43
-1.62%$94,785.00
-1.12%$3.40
7.11%$14.11
-0.48%$20.12
-0.61%$9.09
1.22%$0.269157
-0.41%$1.00
-0.00%$0.00001293
-1.47%$3.04
-1.90%$2,177.85
-1.67%$0.17769
-1.61%$360.12
-1.07%$20.64
-0.72%$88.09
1.86%$4.00
-0.47%$1,814.28
-1.54%$1.001
0.06%$275.97
-0.07%$4.31
-1.23%$0.99992
-0.05%$0.5911
-0.53%$28.60
-0.64%$1,933.41
-1.55%$94,723.00
-1.27%$0.00000833
1.95%$5.18
0.56%$358.59
3.51%$1.05
0.03%$51.12
-0.36%$5.09
0.05%$1.00
0.00%$2.38
-1.59%$0.879878
0.78%$177.76
0.23%$21.46
-0.99%$4.65
-0.54%$16.17
-2.41%$0.093703
0.84%$0.08844
-0.19%$0.721334
-1.20%$29.57
-3.49%$4.44
-1.85%$11.22
0.97%$0.02549532
-1.04%$1.001
0.07%$0.232811
0.54%$1.17
0.02%$94,733.00
-1.02%$4.18
-0.70%$4.28
-0.03%$2.66
0.30%$0.204173
-0.52%$0.666389
-2.24%$0.29216
0.11%$0.524867
-3.95%$4.10
0.01%$0.317712
-0.94%$2.42
-0.38%$0.998707
0.07%$94,638.00
-0.99%$0.0000173
6.13%$10.71
-0.46%$1,540.46
1.41%$0.02001324
7.36%$0.435724
2.03%$86.66
2.63%$0.951723
-0.35%$1.22
-3.37%$154.47
0.94%$0.76927
-3.32%$0.072832
-1.32%$1.14
5.83%$0.676858
-0.52%$1.69
3.88%$1,814.64
-1.50%$0.705501
-1.97%$0.999067
-0.21%$0.205799
-0.72%$1,890.32
-1.52%$0.562907
-0.42%$3.79
3.99%$9.64
1.13%$0.9998
0.03%$0.698973
0.44%$1.00
0.02%$0.091215
-0.94%$591.74
-0.88%$2,053.71
-1.74%$14.46
0.39%$3,271.50
0.55%$1.00
-0.00%$2.73
2.40%$0.208623
1.95%$3,273.76
0.58%$0.01604425
-0.43%$189.24
0.66%$0.763668
11.75%$94,701.00
-1.46%$37.94
1.91%$0.600995
13.75%$0.00007696
-1.03%$162.49
0.82%$95,002.00
-1.34%$0.814669
-0.97%$93,581.00
-2.02%$0.703642
0.10%$0.00000071
-2.45%$3.84
1.36%$0.01562137
0.67%$3.34
1.63%$1,933.50
-1.57%$0.278424
-0.49%$0.01083041
8.08%$0.112592
-3.27%$0.998748
0.09%$0.999414
-0.41%$1.95
-1.98%$1.11
0.38%$17.89
-7.48%$0.373706
-0.63%$1,897.45
-1.69%$35.70
0.99%$0.539809
-2.88%$0.562309
-0.08%$0.01671719
-3.02%$0.298036
-0.32%$0.056091
-0.17%$1.00
0.00%$3.26
-1.07%$1.61
0.35%$0.637422
-0.36%$0.00549379
-4.19%$0.138897
-2.46%$0.461906
10.14%$0.00870848
-0.70%$0.998665
0.02%$0.529214
1.70%$96,049.00
-1.26%$1,896.50
-1.59%$0.189852
10.31%$94,577.00
-1.36%$7.24
-2.35%$1.00
0.00%$0.065038
-2.69%$110.92
0.00%$0.391765
-2.57%$0.592386
-1.47%$92,357.00
-1.65%$15.91
1.25%$0.173178
-1.45%$1.26
-4.43%$94,720.00
-0.86%$0.00002155
0.80%$0.169725
0.25%$0.133993
1.98%$0.00000042
0.02%$1,814.54
-1.57%$1.085
0.01%$1.001
0.11%$5.75
-0.92%$1.45
-2.64%$0.498127
-0.01%$0.00755641
3.89%$1,814.47
-1.52%$1,931.17
-1.57%$0.00561359
19.34%$1.57
8.09%$0.39733
-4.06%$0.232568
0.42%$0.03963777
0.12%$2.35
-1.12%$0.072882
0.07%$1,813.91
-1.60%$0.379757
5.39%$0.080101
1.42%$1.37
3.10%$32.89
2.80%$40.02
0.31%$21.77
-0.83%$0.03571128
-0.98%$1,811.71
-1.65%$2.96
-1.01%$0.176238
1.78%$1.001
0.10%$0.01808433
0.71%$0.131634
-0.67%$0.00400895
1.08%$0.357165
-1.55%$0.528914
-2.89%$0.999792
-0.02%$0.785816
-0.57%$1,834.10
-2.92%$0.00005985
0.83%$0.999846
0.20%$0.00000156
3.00%$1.001
0.12%$0.999908
0.01%$0.69495
2.25%$20.67
0.07%$0.682583
-0.26%$94,600.00
-1.40%$0.297055
-1.45%$0.267608
11.69%$1,807.42
-1.64%$110.11
-0.77%$2.53
2.53%$20.11
-0.53%$0.225839
0.54%$0.00277515
2.93%$0.133566
-1.79%$94,359.00
-1.51%$0.999244
-0.08%$3,237.80
-0.11%$22.02
-0.12%$0.193997
-1.77%$2.82
-0.18%$0.265267
1.53%$0.527423
0.72%$1,913.13
-2.09%$0.448051
-0.12%$1.098
0.13%$0.02956579
-0.84%$0.999627
-0.02%$0.03578469
-2.89%$1,990.63
-1.61%$1,900.99
-1.35%$1.50
2.95%$0.00273728
-1.27%$14.76
0.17%$0.999417
0.00%$0.999308
-0.10%$2.95
-3.10%$1,974.98
-1.61%$94,532.00
-0.98%$0.00317628
-6.85%$1,814.04
-1.59%$0.00229688
3.12%$1.13
0.29%Reading
Recent data shows that the total amount of Bitcoin in circulation on the Ethereum blockchain is currently higher than in Bitcoin’s very own Lightning Network (LN), its second-layer scaling protocol.
According to the decentralized finance (DeFi) metrics website DeFi Pulse, Wrapped Bitcoin (WBTC) tokens currently locked in Ethereum are worth $11.4 million in total.
As Decrypt explained previously, WBTC is an ERC20 token that represents Bitcoin. One WBTC equals one BTC. Bitcoin can be converted into Wrapped Bitcoin and vice-versa.
Bitcoin is the world’s first, largest, and most-recognized crypto asset. Since Bitcoin’s creation over a decade ago, the technology behind the revolutionary “peer-to-peer electronic cash system” has largely remained the same. But Bitcoin isn't the be-all and end-all of cryptocurrency. On smart contract blockchains such as Ethereum, developers have created a thriving decentralized finance (DeFi) ecosystem. In order to use Bitcoin within Ethereum's DeFi ecosystem, it's necessary to create an ERC-...
Being an ERC20 token makes the transfer of WBTC faster than normal Bitcoin, but the key advantage of WBTC is its integration into the world of Ethereum wallets, decentralized applications and smart contracts. Currently, there is around 1,300 WBTC in circulation.
For comparison, there is roughly 927 BTC on the Lightning Network—worth just over $8 million at press time, according to Bitcoin Visuals.
Notably, in the past couple of years, various Lightning-focused blockchain startups have attracted significantly more money for the development of the network than actually circulates on it today, as some crypto enthusiasts have pointed out.
Even a few examples such as Lightning Labs (raised $2.5 million on March 15, 2018, and $10 million on February 5, 2020), Bolt Labs ($1.5 million on April 17, 2019) and ACINQ ($8 million on October 8, 2019) amount to $22 million in total—almost three times more funds than are currently being held on the Lightning Network itself.
At the same time, it looks like these impressive funding rounds have paid off, as the last year passed in a flash of innovation for Bitcoin’s scaling solution and 2020 is arguably shaping up to become the best year yet for the Lightning Network.
Crypto's best minds are heading east, and it's gaining at a pace that other regions are finding hard to catch up to. Asia was responsible for 32% of global crypto developer activity in 2024, according to a report from venture firm Electric Capital. The firm recently published its comprehensive annual report, analyzing over 900 million code commits across the crypto industry. The transformation represents a nearly threefold increase from Asia's 12% share in 2015, while North America's position de...
Google's announcement of its breakthrough Willow quantum processor has reignited debates about crypto security, with some observers suggesting quantum computers could break Bitcoin's encryption. The tech giant claims its new quantum computing chip can complete certain calculations in five minutes, which would take traditional supercomputers an impractical amount of time to process. Quantum computing is a new type of computing that uses the strange properties of quantum physics, where small part...
Dimo, a platform for developers to build apps and enable car drivers to monetize their data, is migrating between Ethereum scaling networks, the developers exclusively told Decrypt—from Polygon to Coinbase’s Base. Co-founder Rob Solomon believes the move opens doors for valuable partnerships ahead. The project is a “global API layer for cars” that is aiming to make every car on earth smart and programmable. This could manifest, the company says, in a future full of AI car mechanics and smart par...