WBTC loses stake to Bitcoin on Justin Sun-backed Poloniex

WBTC loses stake to Bitcoin on Justin Sun-backed Poloniex

Poloniex, Justin Sun’s renowned crypto exchange, experiences a 20% drop in WBTC trading, sparking worries about the stability of Bitcoin’s peg. WBTC Plummets by 22% Against BTC on Poloniex, Sparking Worries about Exchange’s Trading Prowess. The once-bustling trading pair of WBTC and BTC has fallen silent, with no activity recorded in the past few days. … Read more