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 · Crypto exchange Coinbase (COIN) appears to be developing an alternative to BitGo's wrapped bitcoin wBTC (WBTC) to run on its own layer-2 blockchain, Base, to provide users a way of accessing the ...
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...
Coinbase cbBTC prepares for Solana integration amid growing …
WEBCoinbase’s wrapped Bitcoin product, cbBTC, will soon launch on the Solana network. The exchange country director for Singapore, Hassan Ahmed, disclosed this at the Solana Breakpoint event.
Coinbase teases ‘cbBTC’ days after BitGo Wrapped ... - Cointelegraph
WEBAug 14, 2024 · Crypto exchange Coinbase has teased the launch of “cbBTC.” Pundits are speculating this will be Coinbase’s own wrapped Bitcoin token, hosted on its layer-2 network Base.
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’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'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 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 …
Coinbase Launches cbBTC, Bridging Bitcoin To Ethereum And
WEBSep 12, 2024 · Crypto exchange Coinbase COIN on Thursday announced the launch of Coinbase Wrapped BTC (cbBTC), a new ERC20 token backed 1:1 by Bitcoin BTC/USD held in Coinbase’s custody.