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WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns
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WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns

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WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns
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Source: Bitcoin.com

WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard ConcernsThe 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 […]

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Author: Sergio Goschenko

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