BA Labs, in its proposals to offboard WBTC, had cited perceived risks from Tron founder Justin Sun’s involvement with BiTGlobal, the custodian for the underlying assets. BitGo, the original custodian for WBTC, announced in August that it planned to transition control of the asset to a joint operation with BiT Global, which has regulated operations based in Hong Kong.
Bitcoin Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows
September 21, 2024
No Comments
