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Sky Drops WBTC Amid Custodianship Concerns

By Anthony Burr | TH3FUS3 Managing Editor

Sky, formerly MakerDAO, has voted to remove Wrapped Bitcoin (WBTC) from its ecosystem. Rising concerns over WBTC's custodianship and potential ties to Justin Sun drove the decision. Sky is now exploring alternative wrapped Bitcoin solutions.

September 23, 2024 12:11 AM

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