WBTC, with a 98.8% market share of BTC on Ethereum, just went "hold my beer"

Can't make this stuff up folks... brypto is many things, but it's never boring 🍿

WBTC, with a 98.8% market share of BTC on Ethereum, just went "hold my beer"

Can't make this stuff up folks... brypto is many things, but it's never boring 🍿 

https://x.com/0xngmi/status/1822300546587324481

Bitgo decided to fumble its insane bag by giving Justin Sun some level of control over WBTC

Not saying that it’s bad for maker 

More so this:

/mantej / Cryptography Engineering at Cash App / Adjunct Professor at NYU / cat daddy 🐈 🐈‍⬛

Not saying that it’s bad for maker 

More so this:

https://warpcast.com/androidsixteen.eth/0xb0c57844

the easiest way to support your favorite creators on Farcaster. in beta for $DEGEN and HAM now: https://microsub.me • /microsub • by @downshift.eth

I'm supporting you through @microsub!

279 $DEGEN

(Please mute the keyword "ms!t" if you prefer not to see these casts.)

Don't see any positives from this. Can't see Bitgo bouncing back.