WETH

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Bitcoin Nears Significant Resistance Level.

Bitcoin is nearing its 200-day moving average, a critical resistance level that could determine its price direction.

Li Weicheng

20 minutes ago

Bitget Under Fire Amid Allegations of Market Manipulation

Bitget is under investigation after significant withdrawals of LAB tokens raised concerns about market manipulation.

Aisha Farooq

2 hours ago

Trump Family Profits from World Liberty Financial Sales

A Bloomberg investigation reveals the Trump family profited approximately $155 billion from World Liberty Financial sales, while early investors are locked out of 80% of their holdings.

Tenzin Dorje

3 hours ago

Australia to Eliminate 50% Capital Gains Tax Discount in Major Budget Overhaul

The Australian government plans to eliminate the 50% capital gains tax discount for assets held longer than 12 months, affecting various investors including crypto holders.

Bayarjavkhlan Ganbaatar

4 hours ago

What is WETH?

W-ETH is "wrapped ETH" but let's start by introducing the players. First, there's Ether token. Ether or ETH is the native currency built on the Ethereum blockchain. Second, there are alt tokens. When a dApp (decentralized app) is built off of the Ethereum Blockchain it usually implements it’s own form of Token. Think Augur’s REP Token, or Bancor's BNT Token. Finally the ERC-20 standard. ERC20 is a standard developed after the release of ETH that defines how tokens are transferred and how to keep a consistent record of those transfers among tokens in the Ethereum Network.