Bitcoin24h $100,586.29-5.34%

Ethereum24h $3,643.10-6.41%

XRP24h $2.33-9.63%

BNB24h $692.70-3.83%

Solana24h $207.36-7.63%

Dogecoin24h $0.3603-8.65%

Cardano24h $0.9727-7.75%

TRON24h $0.2596-7.11%

Avalanche24h $42.89-10.21%

Chainlink24h $24.97-10.83%

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.

Justin Sun reveals Poloniex issues prevent proof of reserves

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

Despite Sun and USDD’s claims that it is governed by a DAO, there are no governance votes that seem to correspond to the change.

Sun is apparently keen to start a billion-dollar fund to save the entire crypto space in the midst of a 20% drawdown of most tokens.

Valkyrie is an investment management firm, and Justin Sun has previously claimed that he’s one of its largest shareholders.