🚨 MakerDAO is proposing to remove Wrapped Bitcoin ($WBTC) as collateral due to concerns over its connections to Justin Sun, the founder of Tron. πŸ’°

🚨 Justin Sun has also launched a critique against Coinbase's Wrapped Bitcoin (#cbBTC), stating that it lacks proof of reserves, audits, and can have its balance frozen by the company at any time. He warns that U.S. government subpoenas πŸ‡ΊπŸ‡Έ could potentially seize all BTC under their control.

πŸ—ž Meanwhile, the UK High Court πŸ‡¬πŸ‡§ has ruled that Tether ($USDT) is legally considered property under new regulationsβ€”a significant milestone for the world of cryptocurrencies!

πŸ—ž Kraken πŸ’° is pushing back against the SEC, firmly asserting that $ADA and $ALGO are not securities and accusing the SEC of overstepping its authority.

πŸ—ž The HTX crypto exchange is integrating Bitcoin Lightning πŸ’° on its platform, with over 45 million users πŸš€ set to benefit from faster transactions.

#Bitcoin #Crypto #DeFi #MakerDAO #WrappedBitcoin #Tether #Kraken #HTX #JustinSun #Coinbase

Reply to this note

Please Login to reply.

Discussion

No replies yet.