2024-11-20
Coinbase is heavily promoting its $cbBTC but Coinbase isn't providing proof of Bitcoin holdings for cbBTC They say you need to trust them - LOL 🤷♂️ BlackRock, Coinbase, wBTC, or cbBTC are selling you an IOU, which literally means ‘I owe you.’ They keep your BTC and in exchange
The Block
Coinbase plans to delist wBTC next month, as Justin Sun gains influence over the wBTC protocol; Coinbase launched its wrapped bitcoin, cbBTC, in September 2024
cbbtc, Coinbase, Justin Sun, WBTC—by Protos Staff X: @coinbaseassets : We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most ...