Sky ecosystem proposes to vote on off-boarding risky WBTC

Sky, formerly known as MakerDAO, will implement a multi-step program to unwind WBTC from its Sky Lend and legacy vaults. On October 8, BitGo will transfer custody of the underlying BTC BTC - $62729.193 to BitGlobal, raising concerns about counterparty risk.

Source: cryptopolitan.com

Related symbols: WBTCUSD

2024-09-13 09:27:02 GMT.

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Price & Market Data

Price: $62729.193

Volume 24h: $43,805,977,712.33

Market Cap: $1,239,296,751,411.51

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.