Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving customers a gateway to decentralized finance (defi) apps on Ethereum and Base, utilizing bitcoin (BTC). The cbBTC token is actually a wrapped model of bitcoin, absolutely backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Alternatives In response to the San Francisco-based crypto alternate, […]



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