Justin Sun, the founder of Tron, is sparking debate about his influence on wrapped bitcoin (WBTC), an Ethereum token backed by bitcoin. Initially viewed negatively, his role is now being reassessed, particularly with insights from Robert Liu, director at BiT Global—a Hong Kong-based custodian linked to Sun. Liu argues that Sun's involvement could strengthen WBTC instead of posing risks, given that BiT Global shares custody of WBTC's assets. Additionally, Ripple co-founder Chris Larsen has pledged $10 million in XRP tokens to support Vice President Kamala Harris's presidential campaign, positioning crypto innovation as vital for Democratic strategies. In tech developments, Buenos Aires has integrated QuarkID for municipal services, enhancing privacy through zero-knowledge proofs, a growing trend in blockchain applications. Furthermore, concerns loom over alleged manipulation in prediction markets by a mysterious bettor, spotlighting the complexities and evolving narratives in the crypto space.

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