Odaily News BitGo CEO Mike Belshe defended its recent partnership with BiT Global on Wrapped Bitcoin, saying that critics of wBTC have not been “honest” in expressing their concerns, saying: “There is no doubt that the model that BitGo has proposed and the way to store keys is far better than anything Coinbase can or will design.” Despite concerns about Justin Sun’s involvement, the deal with BiT Global is aimed at enhancing security and expanding in Asia, adopting a model that splits key custody among multiple institutions to eliminate single points of failure. (Coindesk)