Whale accumulates $118M in Wrapped Bitcoin (WBTC) amid controversy

The whale acquired 347 Wrapped Bitcoin (WBTC) within just 12 hours on August 19. BitGo plans to transfer control of WBTC to a joint venture involving itself, BiT Global, and the Tron ecosystem. Coinbase has hinted at launching its own wrapped Bitcoin token, dubbed “cbBTC.” An unidentified whale has been rapidly accumulating Wrapped Bitcoin (WBTC), […]