Bitcoin24h $87,880.28+0.76%

Ethereum24h $2,974.60+1.66%

BNB24h $854.73+0.50%

XRP24h $1.86-0.06%

Solana24h $124.02+0.44%

TRON24h $0.2850+1.22%

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Bitcoin Cash24h $601.75+0.13%

Chainlink24h $12.50+1.10%

Poloniex delists own WBTC product following depeg

The WBTC/BTC pair looks to have been removed from Poloniex completely, and the WBTC/USDT pair states, “Currently trading is disabled.”

Justin Sun’s empire crumbles as USDD depegs again

Sun’s USDD is meant to stay priced at a dollar via a series of algorithmic mechanisms but it’s deviated 3% and currently trades for $0.97.

Poloniex, a Justin Sun-owned exchange, offers a WBTC product on Tron that’s currently trading at a more than 20% discount on Poloniex.

Justin Sun took to X to brag that he personally controlled 28,613 bitcoin on HTX, significantly more than HTX had in its last disclosure.

Crypto exchange Poloniex has been added to the FCA’s naughty list after a string of curious hacks on Justin Sun’s entities.