RE: Wrapped FUD in Crypto - wBTC & wETH
3 mo
0 Min Read
98 words
the wrapped assets and the depegs on them do not terrify me to be honest.
I hope you’re sure about this. Im not exactly a fan of wrapped assets especially when it comes to Ethereum. I remember the WLEO hack that year, although it was rectified and taken care of and we’ve not had anything of such, a lot of other hacks were from wrapped Ethereum assets. I just feel they are very vulnerable.
Please do your research properly and take necessary actions, I wish good tidings and safety. Nice title by the way
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I trust the smart contract system dear, wETH is coded by 60 simple lines to lock ETH to mint wETH. Of course not all smart contracts are as secure as wETH or wBTC, though 😌