14min chapter

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The Chopping Block: WBTC Drama, Decentralized AI & SEC Subpoenas - Ep. 689

Unchained

CHAPTER

Navigating Wrapped Bitcoin Dynamics

This chapter explores the implications and recent developments surrounding Wrapped Bitcoin (WBTC) and its custody arrangements. It highlights the controversies over WBTC’s role as collateral in protocols like Maker, Aave, and Compound, while discussing the challenges faced in decentralized finance in the context of a bearish market. The conversation provides insights into the evolving landscape of custody services and the need for adaptive strategies among market players.

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