Sky platform (formerly MakerDAO) has decided to remove Wrapped Bitcoin (WBTC) assets as collateral! 🚀
- WBTC was collateralizing approximately $2 billion worth of loans on Sky.
- This decision was made due to WBTC’s relationship with BiTGlobal and Tron founder Justin Sun.
- The first phase will start on October 3rd and will be completed on November 28th.
We have full confidence in Bitcoin! 💪