Coinbase is discontinuing wBTC and introducing its own version, cbBTC, in response to market competition and criticism regarding wBTC's association with BitGo.
Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain
Coinbase is working on a wrapped bitcoin, potentially named 'cbBTC', for its Base layer-2 blockchain.
The new wrapped token aims to improve liquidity and access to bitcoin within the ecosystem.
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
Sky has decided to offboard wrapped bitcoin (WBTC) as collateral due to community support and perceived risks associated with its custody.
BitGo CEO Says Wrapped Bitcoin's Critics Aren't Being 'Intellectually Honest' About Their Concerns
BitGo's CEO defends the partnership with BiT Global, emphasizing improved security and diversification in key custody despite criticisms related to Justin Sun.
Coinbase's Wrapped Bitcoin cbBTC Goes Live
Coinbase has launched cbBTC, a wrapped bitcoin token, to expand user participation in DeFi applications on Ethereum and Base networks.
Coinbase is discontinuing wBTC and introducing its own version, cbBTC, in response to market competition and criticism regarding wBTC's association with BitGo.
Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain
Coinbase is working on a wrapped bitcoin, potentially named 'cbBTC', for its Base layer-2 blockchain.
The new wrapped token aims to improve liquidity and access to bitcoin within the ecosystem.
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
Sky has decided to offboard wrapped bitcoin (WBTC) as collateral due to community support and perceived risks associated with its custody.
BitGo CEO Says Wrapped Bitcoin's Critics Aren't Being 'Intellectually Honest' About Their Concerns
BitGo's CEO defends the partnership with BiT Global, emphasizing improved security and diversification in key custody despite criticisms related to Justin Sun.
Crypto Behemoth Coinbase Enters The Bitcoin DeFi Arena
Coinbase's entry into the wrapped Bitcoin market aims to strengthen Ethereum's position in Bitcoin DeFi amidst existing challenges in the sector.
Sky Pauses Plan to Offboard Wrapped Bitcoin, After Chat With BitGo's Belshe
Sky may pause offboarding wrapped bitcoin (WBTC) as collateral after new recommendations raised clarifications on management practices and custody arrangements.
Crypto Behemoth Coinbase Enters The Bitcoin DeFi Arena
Coinbase's entry into the wrapped Bitcoin market aims to strengthen Ethereum's position in Bitcoin DeFi amidst existing challenges in the sector.
Sky Pauses Plan to Offboard Wrapped Bitcoin, After Chat With BitGo's Belshe
Sky may pause offboarding wrapped bitcoin (WBTC) as collateral after new recommendations raised clarifications on management practices and custody arrangements.