Currencies33796
Market Cap$ 3.39T+4.38%
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DominanceBTC61.60%-0.56%ETH8.54%+2.66%
ETH Gas0.79 Gwei
Cryptorank
MainNewsJustin Sun E...

Justin Sun Explains the Limits of His Influence on WBTC


by CoinEdition
Justin Sun’s Large ETH Withdrawal Ignites Selloff Fears
  • Justin Sun clarified that his involvement with WBTC is entirely strategic.
  • Sun explained that he does not control the private keys to WBTC reserves.
  • Bitgo has partnered with Sun and the Tron ecosystem in WBTC management.

Tron founder Justin Sun has clarified that his involvement with WBTC is entirely strategic. Sun took to X on Saturday, explaining that he does not control the private keys to WBTC reserves and cannot move any BTC reserves.

According to Sun, his level of involvement in blockchain projects varies, and he would like to discuss the situation ‌for proper understanding. However, he noted that his primary goal in all the projects he is involved with is to promote them. He stated that he focuses on projects dedicated to decentralization, security protocols, and safety, highlighting that WBTC i…

The post Justin Sun Explains the Limits of His Influence on WBTC appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Iran Accepts U.S.-Brokered Ceasefire Proposal with Israel

Iran Accepts U.S.-Brokered Ceasefire Proposal with Israel

Detail: https://coincu.com/344832-ceasefire-truce-iran-israel-u-s/
A $245 Million Bitcoin Thief Pleads Guilty in the US

A $245 Million Bitcoin Thief Pleads Guilty in the US

Veer Chetal, one of three men who stole $245 million in Bitcoin last year, just plead...
MainNewsJustin Sun E...

Justin Sun Explains the Limits of His Influence on WBTC


by CoinEdition
Justin Sun’s Large ETH Withdrawal Ignites Selloff Fears
  • Justin Sun clarified that his involvement with WBTC is entirely strategic.
  • Sun explained that he does not control the private keys to WBTC reserves.
  • Bitgo has partnered with Sun and the Tron ecosystem in WBTC management.

Tron founder Justin Sun has clarified that his involvement with WBTC is entirely strategic. Sun took to X on Saturday, explaining that he does not control the private keys to WBTC reserves and cannot move any BTC reserves.

According to Sun, his level of involvement in blockchain projects varies, and he would like to discuss the situation ‌for proper understanding. However, he noted that his primary goal in all the projects he is involved with is to promote them. He stated that he focuses on projects dedicated to decentralization, security protocols, and safety, highlighting that WBTC i…

The post Justin Sun Explains the Limits of His Influence on WBTC appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Iran Accepts U.S.-Brokered Ceasefire Proposal with Israel

Iran Accepts U.S.-Brokered Ceasefire Proposal with Israel

Detail: https://coincu.com/344832-ceasefire-truce-iran-israel-u-s/
A $245 Million Bitcoin Thief Pleads Guilty in the US

A $245 Million Bitcoin Thief Pleads Guilty in the US

Veer Chetal, one of three men who stole $245 million in Bitcoin last year, just plead...