đ Wrapped Bitcoin (WBTC) on Aave hit an all-time high, surpassing 37,000 WBTC, valued at over $2 billion! Despite some skepticism about WBTCâs backing, BitGo assured users with extra security measures.
đ BitGo granted partial control to BiT Global, causing a stir due to Justin Sunâs involvement. Sky (formerly Maker) even considered removing WBTC but paused after reassurances from BitGo.
đĄïž 21.co plans to add Chainlinkâs proof of reserve to 21BTC, while Coinbase promises to reimburse clients if they lose the underlying Bitcoin. WBTC remains the top Bitcoin wrapper with $9 billion in TVL!