Threshold Network
Threshold Network
Bridges and Interoperability
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Aug 16, 2024
Stretching Wrapped Bitcoin: The $9 Billion Bridge Project Enters Into a Controversial Partnership
The combination of Justin Sun’s reputation and the existing troubles at Bitgo, Wrapped Bitcoin's (WBTC’s) custodian, is causing alarm within the crypto community. Many fear that this mix could lead to instability and credibility issues for the largest Bitcoin to Ethereum bridge.
Alexander Mardar
Other Tags
Bridges and Interoperability
-
Aug 16, 2024
Stretching Wrapped Bitcoin: The $9 Billion Bridge Project Enters Into a Controversial Partnership
The combination of Justin Sun’s reputation and the existing troubles at Bitgo, Wrapped Bitcoin's (WBTC’s) custodian, is causing alarm within the crypto community. Many fear that this mix could lead to instability and credibility issues for the largest Bitcoin to Ethereum bridge.
Alexander Mardar
Other Tags
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