— HTX, Justin Sun
Justin Sun’s HTX redeems $500M in WBTC it wasn’t supposed to have
Justin Sun-advised HTX recently redeemed approximately $500 million worth of WBTC, despite having no WBTC on its proof-of-reserves.
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— HTX, Justin Sun
Justin Sun-advised HTX recently redeemed approximately $500 million worth of WBTC, despite having no WBTC on its proof-of-reserves.
Coinbase has announced that it intends to delist Wrapped Bitcoin (WBTC) from December 19 because it no longer meets the listing requirements.
— DeFi, Justin Sun
Since WBTC announced that Justin Sun would be involved in custody, several competitors have launched or taken advantage of the opportunity.
Of Poloniex's last 100 listings, 94 of them are so-called 'memecoins,' many of questionable quality or legality.
Poloniex has withdrawn from Staked USDT (stUSDT) on Ethereum, vastly dropping the utilization of the protocol.
WBTC announced it will transition the custody of bitcoin for the token from BitGo to a joint venture between BitGo, BiT Global, and Sun.
Liberland announced Sun’s new status on Tuesday after an ‘entirely algorithmic blockchain-based election system’ was used to elect him.
— EIGEN, EigenLayer
Justin Sun had previously claimed $21.5M worth of airdropped EIGEN, sending it to HTX shortly after the token unlocked for trading.
Justin Sun's deal to become involved with BitGo and wrapped bitcoin (WBTC) has drawn more attention to his own exchanges.
Poloniex has a page on its website titled 'Proof of Reserves,' but this only shows how much Tron is on the platform.