Sat, November 23

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