BitGo News: BitGo Transfers Wrapped Bitcoin Control to Joint Venture

BitGo News - August 20, 2024

BitGo announces the transfer of Wrapped Bitcoin (WBTC) control to a joint venture with BiT Global and the Tron ecosystem, raising concerns among DeFi platforms. MakerDAO and Aave respond with significant policy changes. Listen for a comprehensive analysis.

Sources
https://coinjournal.net/news/whale-accumulates-118m-in-wrapped-bitcoin-wbtc-amid-controversy/

Outline
(00:00:00) Introduction
(00:00:32) BitGo to Transfer Control of Wrapped Bitcoin to Joint Venture

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