🚀 Big news in the DeFi world! Sky (formerly MakerDAO) might hit the brakes on offboarding wrapped bitcoin (WBTC) as collateral. Why? Influential advisor BA Labs had a change of heart after a chat with BitGo's CEO, Mike Belshe.

🔍 Belshe clarified that Justin Sun won't have unilateral control over WBTC's new custody setup. This eased BA Labs' concerns, leading them to recommend pausing the offboarding process.

💬 Got thoughts on this? Drop them in the comments! Let's discuss how this impacts the $9.7B WBTC market and the broader DeFi ecosystem. 🌐 #DeFi #Web3 #CryptoNews