Bitcoin24h $88,355.15+0.76%

Ethereum24h $2,928.64+1.28%

BNB24h $883.59+1.35%

XRP24h $1.90+0.95%

Solana24h $124.26+1.59%

TRON24h $0.2950-0.32%

Dogecoin24h $0.1222+0.51%

Cardano24h $0.3509+0.87%

Bitcoin Cash24h $590.94+2.15%

Monero24h $475.12+2.29%

Wrapped Bitcoin hides bitcoins for WBTC on Tron

Wrapped Bitcoin has removed WBTC on Tron from its dashboard where it provides proof-of-reserves for the various forms of the token.

VIDEO: Unpacking Justin Sun’s messy WBTC deal with BitGo

Justin Sun’s deal to become involved with BitGo and wrapped bitcoin (WBTC) has drawn more attention to his own exchanges.

MakerDAO has passed an executive vote to disable future WBTC borrows after it was revealed that Justin Sun will soon be involved.

BiT Global, BitGo, and Justin Sun are launching a new joint venture for WBTC, but a deeper review of BiT Global finds other ties to Sun.

Justin Sun is now involved with the WBTC products offered by BitGo, but his history with this type of product raises concerns.