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Threshold Network’s tBTC proposes merger with WBTC

Threshold Network, which issues tBTC, has a new proposal that would see it merge with WBTC after it announced its Justin Sun partnership.

MakerDAO disables WBTC borrows after Justin Sun involvement revealed

MakerDAO has passed an executive vote to disable future WBTC borrows after it was revealed that Justin Sun will soon be involved.

BiT Global, BitGo, and Justin Sun are launching a new joint venture for WBTC, but a deeper review of BiT Global finds other ties to Sun.

Justin Sun is now involved with the WBTC products offered by BitGo, but his history with this type of product raises concerns.

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