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Trump-Backed World Liberty Financial Swaps Its cbBTC for WBTC After Sun Joins as Adviser

Trump-Backed World Liberty Financial Swaps Its cbBTC for WBTC After Sun Joins as Adviser

The swap took place Wednesday, the same day BiT Küresel lost a court case seeking to prevent Coinbase delisting WBTC.
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WBTC Episode ‘Reopened Old Wounds’ of Centralized Failures: Bitcoin Builders Association

WBTC Episode ‘Reopened Old Wounds’ of Centralized Failures: Bitcoin Builders Association

The venture between BitGo and BiT Küresel provided a reminder of the distrust many BTC holders still have for centralized custody, according to a new report
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Coinbase Says It Nixed wBTC Because Justin Sun Posed ‘Unacceptable Risk’

Coinbase Says It Nixed wBTC Because Justin Sun Posed ‘Unacceptable Risk’

BiT Küresel, issuer of the "wrapped bitcoin" token, "refused" to answer Coinbase's questions about Sun's involvement, the exchange said in a court filing.
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Justin Sun: Tron’s Founder Was at the Center of It All

Justin Sun: Tron’s Founder Was at the Center of It All

From TRX and tether-on-Tron to wBTC and one expensive banana, Sun was never far from the headlines this year.
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Coinbase Delists Wrapped Bitcoin wBTC, Citing ‘Listing Concerns’

Coinbase Delists Wrapped Bitcoin wBTC, Citing ‘Listing Concerns’

Announcement comes shortly after the exchange launched its own ‘wrapped’ bitcoin on Base – cbBTC
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Coinbase Delists Wrapped Bitcoin wBTC, Citing ‘Listing Concerns’

Announcement comes shortly after the exchange launched its own ‘wrapped’ bitcoin on Base – cbBTC
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Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian’s Director

Robert Liu, a member of the board of Hong Kong-based BitGlobal, which was recently added by BitGo as an additional custodian to the bitcoin-on-Ethereum token known as wrapped bitcoin...
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Sky Pauses Plan to Offboard Wrapped Bitcoin, After Chat With BitGo’s Belshe

An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun's involvement in the custody of...
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DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the...
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DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.
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