Wrapped Bitcoin Market Heats Up as Coinbase's cbBTC Goes Live
WEBSep 12, 2024 · Coinbase has introduced its version of wrapped bitcoin, cbBTC, on the Ethereum and Base networks, allowing users to use bitcoin in DeFi applications.
Coinbase Promotes cbBTC, Version of BitGo's Wrapped Bitcoin
WEBAug 14, 2024 · 28:54. From Regulator to Crypto Trailblazer: Spotlight With Binance CEO Richard Teng. Crypto exchange Coinbase (COIN) appears to be developing an alternative to BitGo's wrapped bitcoin wBTC (WBTC)...
Coinbase’s cbBTC wrapped Bitcoin coming to Solana — …
WEBSep 21, 2024 · Coinbase’s cbBTC — a tokenized version of Bitcoin — is coming to the Solana ecosystem, according to Coinbase executive Hassan Ahmed.
Coinbase's cbBTC Hits $100M in 24 Hours: DeFi Game-Changer
WEBSep 13, 2024 · In just 24 hours, cbBTC’s circulating supply reached 1,720 tokens, driving its market cap to nearly $100.3 million. Of this, 42.4% was locked on Base, and the remaining 57.6% on Ethereum.
Coinbase Announces New Wrapped Bitcoin cbBTC on Base Network
WEBAug 15, 2024 · Coinbase has announced plans to launch cbBTC, a wrapped version of Bitcoin, on its Base network. Although the details are not yet disclosed, this move aims to expand Coinbase's tokenized asset...
cbBTC: Do more with Bitcoin onchain. - Coinbase
WEBCoinbase is pioneering a new era for DeFi with cbBTC – a trusted and reputable wrapped version of Bitcoin. Secure cbBTC is backed 1:1 by BTC held in custody by Coinbase – which has a 10+ year record of securely custodying billions …
Coinbase’s cbBTC surges to third-largest wrapped BTC
WEBSep 19, 2024 · According to data from CryptoQuant, cbBTC has grown in seven days to be the third-largest wrapped Bitcoin token, surpassing tokens that have been in circulation since 2020, such as Huobi BTC...
Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base …
WEBAug 14, 2024 · COIN. Posts on X from Coinbase and Base creator Jesse Pollak suggest the crypto exchange is developing a wrapped bitcoin similar to BitGo's wBTC to run on the layer-2 blockchain. Despite some...
Coinbase launches 'cbBTC' wrapped Bitcoin digital asset
WEBSep 12, 2024 · Coinbase announced plans to launch cbBTC several days after BitGo drew criticism over plans to transition the custodial structure of its Wrapped Bitcoin product to a multi-jurisdiction...
Coinbase introduces wrapped bitcoin competitor ‘cbBTC’
WEBSep 12, 2024 · Coinbase is moving forward with the launch of cbBTC, an ERC-20 tokenized bitcoin that will go live on Base and other Ethereum ecosystems. The new bitcoin token will be backed 1:1 by bitcoin reserves and presumably held in …