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wETH  Insolvency Joke Made Headlines, Crypto Twitter Urges Restraint

Crypto Influencers were compelled to clarify that an inside joke regarding Wrapped Ethereum’s (wETH) “insolvency” over the weekend was just a “shitpost” after some members of the community mistook it for the truth. On November 26, false rumors claiming that wETH is insolvent and not backed 1:1 by Ether (ETH)

November 28, 2022 1 min read
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