Bitcoin24h $88,823.35-0.94%

Ethereum24h $2,937.62-0.81%

BNB24h $880.58-1.34%

XRP24h $1.90-1.40%

Solana24h $126.39-1.12%

TRON24h $0.2952-0.43%

Dogecoin24h $0.1231-1.22%

Cardano24h $0.3556-1.73%

Bitcoin Cash24h $590.81-0.75%

Monero24h $491.00-3.91%

Poloniex exit leaves Ethereum stUSDT nearly abandoned

Poloniex has withdrawn from Staked USDT (stUSDT) on Ethereum, vastly dropping the utilization of the protocol.

WBTC supply contracts this month following Justin Sun custody drama

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.

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.