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DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.

Updated Sep 19, 2024, 9:32 p.m. Published Sep 19, 2024, 9:29 p.m.
Sky. (ELG21/Pixabay)
Sky. (ELG21/Pixabay)