No, Wrapped Ethereum Isn’t In Trouble. Here’s Why

No, Wrapped Ethereum Isn’t In Trouble. Here’s Why

Key Takeaways Crypto Twitter has been sharing jokes about wETH being exploited or losing its peg. At least one media publication—Bloomberg—took the jokes at face value. Wrapped Ethereum does not have a sole custodian and does not pose a systemic threat to the Ethereum...
2022 in Review: the Top Five NFT Drops of the Year

2022 in Review: the Top Five NFT Drops of the Year

Key Takeaways The NFT market experienced a slump with the rest of crypto in 2022, but some collections stood out from the pack. Yuga Labs’ Otherside mint raised a record-breaking $310 million in April. Generative artists like Emily Xie and Tyler Hobbs helped...