kenso on Nostr: 📈 Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks 💬 Coinbase ...
📈 Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks
💬 Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody.
💬 Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody.