| Time | Details |
|---|---|
| 2024-08-14 16:01 |
BitGo Discusses WBTC Custody Transition in Community Event
According to BitGo, a community discussion on WBTC was co-hosted on X Spaces with participants weremeow, loi_luu, and mikebelshe. The event focused on the new multi-jurisdictional, multi-institutional custody transition for WBTC. Hundreds of participants joined live, and thousands tuned in after the event. (Source) |
| 2024-08-15 08:16 |
Significant WBTC Accumulation by New Address Following Custody Change
According to @EmberCN, a new address accumulated 1605 WBTC (worth $94.62M) within three days following a custody change. On August 11, BitGo announced a joint venture with BiT Global to transfer WBTC custody to a different jurisdiction, prompting some protocols and institutions to stop using WBTC due to potential risks. The next day, on August 12, the new address was created and began withdrawing large amounts of WBTC from Binance. (Source) |
| 2024-08-26 02:59 |
Justin Sun Continues BTC to WBTC Conversions via Binance
According to @spotonchain, Justin Sun is actively converting BTC to WBTC. Recently, wallet '0xbe6' withdrew 637 WBTC (worth $40.8 million) from Binance on Ethereum. Since BitGo's WBTC custody agreement with Justin Sun on August 11, the wallet has withdrawn a total of 2,591 WBTC, closely matching the 2,590 BTC sent to Binance. (Source) |
| 2024-12-14 00:13 |
Concerns Over Coinbase's Listing of wBTC and Associated Risks
According to Pledditor, there are questions surrounding the legal and safety aspects of Coinbase listing wBTC. The tweet raises concerns about potential violations of laws by Coinbase if they list wBTC, and questions the safety of the wBTC smart contract. Additionally, there are inquiries about the safety of BitGo, the custodian used by ARK Invest for their ETF. These concerns suggest that if Coinbase cannot provide credible answers to these questions, it may face significant scrutiny. (Source) |
| 2024-12-14 01:59 |
Nasdaq Investors Now Indirect Bitcoin Holders
According to BitGo, every passive investor in Nasdaq has now become an indirect holder of Bitcoin. This development is a significant milestone for Bitcoin's integration into traditional financial markets. The tweet also congratulates Michael Saylor, a well-known Bitcoin advocate, suggesting his influence in this integration. (Source) |
| 2024-12-16 06:28 |
Market Impact of WBTC Custody Dispute
According to Ai 姨, nearly four months have passed since the 'WBTC Custody Dispute', yet WBTC continues to appear frequently in various trades. The question arises whether WBTC's market share has changed following the series of 'FUD' events. The timeline highlights that on August 11, BitGo announced the transfer of WBTC operations to a joint venture with BiT Global, sparking controversy over custody rights. (Source) |