Bitcoin News

WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns

WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns


The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving WBTC custody to a joint venture with Bit Global, another custodian, to diversify custody locations and decentralize private keys […]

Click Here to Read the Full Original Article at Bitcoin News…