WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns

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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 […]

Source: Bitcoin News

#Defi, #BitGlobal, #BitGo, #Crypto, #Cryptocurrency, #Custody, #DeFi, #JustinSun, #MikeBelshe, #Tron, #WBTC

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