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

Threshold Network has proposed a plan to increase 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 regarding the current custody arrangements for WBTC. Threshold Network proposes a decentralized custody model for WBTC (…)