MakerDAO disables WBTC borrows after Justin Sun involvement revealed
4:35 PM • Aug 16, 2024
#BitGo, #Justin Sun, #MakerDAO, #WBTCby #Protos
- MakerDAO, the lending protocol that operates the popular Dai stablecoin, has passed an executive vote that will disable future borrows against wrapped bitcoin (WBTC) after it was announced the asset was transitioning to a new joint venture that would involve BiT Global, BitGo, and Justin Sun.
