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Ten decentralized finance protocols govern over 52% of WBTC in circulation

As of October 22, 2023, there are 79,839 individual wallets containing WBTC, a token pegged 1:1 to Bitcoin (BTC). WBTC tokens in circulation total 163,006, valuing the project at $4.88 billion. Since December 17, 2022, there has been a 12.31% reduction in the circulating supply of WBTC, from 185,909 WBTC to the current 163,006 WBTC….

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The Central Bank of Italy starts the development of the DeFi ecosystem

The Milano Hub innovation center of the Bank of Italy will support a project led by Cetif Advisory that aims to develop a security token ecosystem for institutional decentralized finance (DeFi). The project is a collaboration between Cetif Advisory, Polygon Labs, Fireblocks and other organizations, with the participation of Italian banks and ten other financial…