News with the tag "Coinbase cbBTC"

A lawsuit against Coinbase concerns allegations under the Sherman Act of attempted monopolization of the Wrapped Bitcoin market.

Critics, including DefiLlama's founder, highlight the lack of proof of reserves (PoR) for Coinbase cbBTC token, leading to its exclusion from the DefiLlama platform.

Crypto exchange Coinbase announced plans to launch its new wrapped Bitcoin asset, cbBTC, on the Solana network. The post Coinbase Expands Wrapped Bitcoin to Solana Amid Growing Demand for cbBTC appeared first on TheCoinrise.com .

Speculators think the post refers to Coinbase’s own wrapped Bitcoin product, which will potentially be launched on its layer-2 network Base.