Wrapped Bitcoin

$WBTC

Taiamã Demaman2Y

Sky (Former MakerDAO) votes to remove Wrapped Bitcoin as collateral amid community concerns. AAVE Removes it as Well.

After the the Issuer BitGo move funds to BitGlobal, to address "Global challenges' with a multi-jurisdiction custody model.

The problem? Justin Sun probable insolvency with USDD and a 12k BTC removed from his stablecoin.

BitGo stated the Justin will not be able to touch this assets, but this 'little' change in WBTC made the protocols worried and now it's being removed from all the serious and cautious DeFi Platforms!

Other Links Show Less

https://cryptoslate.com/sky-votes-to-remove-wrapped-bitcoin-as-collateral-amid-community-concerns/

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