More Trouble for Bitcoin: Potential Sell-Off Looms

Wrapped Bitcoin (wBTC) makes up about 10% of the reserves for the overcollateralized stablecoin DAI.

Bitgo Transfers Control of WBTC to Joint Venture with BiT Global

Bitgo transfers control of WBTC to a joint venture with BiT Global. Justin Sun's influence raises doubts due to negative developments with Stablecoin TUSD. Continue Reading:Bitgo Transfers Control of

BitGo and BiT Global Strengthen WBTC Security

BitGo and BiT Global enhance WBTC security by spreading operations across multiple jurisdictions. The transition will be completed in 60 days with no change in service quality. Continue Reading:BitGo