Wrapped Bitcoin hides bitcoins for WBTC on Tron
On August 9, BitGo announced that it was transitioning Wrapped Bitcoin (WBTC) to a new “strategic partnership between BitGo, Justin Sun, and the Tron Ecosystem.” The announcement continued that this partner would would “continue to provide real-time proof-of-reserves.” Despite specifically referencing the Tron ecosystem and promising that real-time proof-of-reserves would also continue, WBTC on TRON, as well as WETH on TRON, have been removed from the WBTC dashboard, meaning the proof-of-reserves for this token is no longer available. The dashboard no longer includes WBTC on Tron but still Features the versions on Ethereum, Base, Kava, and Osmosis. An on-chain review of WBTC on Tron doesn’t show any substantial changes in the supply recently. However, it’s not currently possible to verify the BTC that is meant to collateralize these tokens . Justin Sun-advised HTX has redeemed 7,300 WBTC it did not disclose Read more: Coinb...