Coinbase’s wrapped Bitcoin token cbBTC goes live

Coinbase launches cbBTC, an ERC20 token backed 1:1 by Bitcoin in its custody. cbBTC allows BTC holders to access DeFi apps like Aave, Compound, and MakerDAO. Over 843,783 Bitcoins back cbBTC, representing 4% of the total Bitcoin supply. Coinbase, the largest cryptocurrency exchange in the US, has officially launched its new tokenization product, Coinbase Wrapped […]

Six major cryptocurrencies on Coinbase’s chopping board

DerivaDAO (DDX), one of the delisted tokens, dipped the most after the announcement. Multichain (MULTI), which has been facing serious setbacks with its bridge will also be delisted. Coinbase regularly reviews its listed crypto assets to ensure they continually maintain the highest standards. Coinbase Assets has announced that it has decided to temporarily halt trading […]