Coinbase Fights Back Against BiT Global Lawsuit Over WBTC Delisting
2 Mins read
Coinbase has issued a rebuttal to a lawsuit by BiT Global, a Justin Sun-affiliated entity, challenging the exchange’s decision to delist Wrapped…
WBTC Delisting Sparks Skirmish Between Justin Sun and Coinbase Executive
1 Mins read
The upcoming delisting of Wrapped BTC (WBTC) from the Coinbase platform and the legal battle between the exchange and Bit Global have…
$500M WBTC Burned in the Wake of Coinbase’s Delisting Move
1 Mins read
Five days ago, Coinbase announced plans to remove wrapped bitcoin (WBTC) from its platform on Dec. 19, 2024. In the days following…
Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding
1 Mins read
BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding…
Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market
1 Mins read
This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge…
Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
1 Mins read
Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model…
Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base
1 Mins read
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X,…
WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns
1 Mins read
The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance…