Bitcoin24h $109,386.59+3.26%

Ethereum24h $2,579.73+6.43%

XRP24h $2.25+3.34%

BNB24h $663.19+2.77%

Solana24h $151.97+3.38%

TRON24h $0.2827+1.45%

Dogecoin24h $0.1716+8.33%

Cardano24h $0.5958+9.85%

Hyperliquid24h $38.96+2.91%

Sui24h $2.92+9.22%

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.

Justin Sun is now prime minister of Liberland, an entirely made-up country

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.

Poloniex has a page on its website titled ‘Proof of Reserves,’ but this only shows how much Tron is on the platform.