MAKERDAO PROPOSES DELISTING WBTC AFTER ANNOUNCED CUSTODY CHANGE

Summary from the TLDR Crypto newsletter

On August 9th, Bitgo announced it will transfer custody of WBTC to a joint venture with jurisdictions in Hong Kong and Singapore as part of a partnership with Justin Sun and the Tron ecosystem. In response, and due to previously-acquired Sun projects faltering, BA Labs has proposed removing WBTC as collateral on Maker and SparkLend. tBTC is being suggested as an alternative.