Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO

Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO

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Source: Coindesk.com

Sky, the decentralized finance lender previously known as MakerDAO, could consider pausing its plan to offboard wrapped bitcoin (WBTC) as collateral, following a fresh recommendation from an influential advisor.

The development follows a lengthy discussion on the Sky discussion forum with Mike Belshe, CEO of BitGo, which was the sole custodian of the bitcoin backing WBTC until

Read More https://www.coindesk.com/tech/2024/09/24/sky-pauses-plan-to-offboard-wrapped-bitcoin-after-chat-with-bitgos-belshe/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO" appeared first here Coindesk.com.

Source: Coindesk.com

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