Solana’s Wrapped Bitcoin Price Craters, Recovers After FTX Shuts Exit Ramp
Sollet Bitcoin (soBTC), a so-called “wrapped” asset supposedly backed 1-to-1 with bitcoin, plummeted $10,000 at around 2:00 p.m. ET, according to decentralized finance protocol Raydium. It had already spent much…
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November 12, 2022