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Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO

September 25, 2024 by DIGIT

BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3.  Go to Source

Categories BitGlobal, BitGo, collateral, defi, maker, sky, WBTC, wrapped bitcoin

DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote

September 20, 2024 by DIGIT

The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.  Go to Source

Categories Aave, BitGlobal, BitGo, collateral, defi, maker, sky, WBTC, wrapped bitcoin

Sky proposes dropping Wrapped Bitcoin over claimed Justin Sun ties

September 13, 2024 by DIGIT

The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.” Go to Source

Categories BitGlobal, BitGo, collateral, defi, maker, sky, WBTC, wrapped bitcoin


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$88,202.000.17%
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  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$852.360.66%
  • rippleXRP(XRP)$1.932.70%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$126.230.32%
  • tronTRON(TRX)$0.2798860.42%
  • staked-etherLido Staked Ether(STETH)$2,976.640.38%
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  • bitcoinBitcoin(BTC)$88,202.000.17%
  • ethereumEthereum(ETH)$2,977.880.32%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$852.360.66%
  • rippleXRP(XRP)$1.932.70%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$126.230.32%
  • tronTRON(TRX)$0.2798860.42%
  • staked-etherLido Staked Ether(STETH)$2,976.640.38%
  • dogecoinDogecoin(DOGE)$0.1319802.13%