September 20, 2024

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Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody

1 min read
Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin CustodyThreshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in response to recent concerns within the decentralized finance (defi) ecosystem over the current custody arrangements for WBTC. Threshold Network Proposes Decentralized Custody Model for WBTC […]