Bitcoin24h $101,087.06-0.24%

Ethereum24h $3,303.57+0.13%

XRP24h $2.26+1.37%

BNB24h $949.98+1.69%

Solana24h $157.06+0.82%

TRON24h $0.2887+1.98%

Dogecoin24h $0.1742+9.67%

Cardano24h $0.5669+8.46%

Hyperliquid24h $41.24+7.84%

Zcash24h $705.60+34.78%

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.