finance.yahoo.com / Yahoo! Finance
npub1vap…wc3n
2024-11-22 09:59:54
Author Public Key
npub1vap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aessgrwc3nPublished at
2024-11-22 09:59:54Event JSON
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"tags": [
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"https://finance.yahoo.com/news/bit-global-accuses-coinbase-delisting-081937294.html"
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[
"subject",
"BiT Global Accuses Coinbase of Delisting wBTC To Propel Rival cbBTC in Heated Crypto Battle"
],
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"1732263577"
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[
"summary",
"BiT Global claims that Coinbase's decision to delist wBTC is a strategy to eliminate competition for cbBTC, which launched in September. wBTC is the most popular Bitcoin wrapper with over $14 billion in total value locked (TVL), while cbBTC has gained traction with $1.5 billion in TVL. The situation has been complicated by BiT Global's recent involvement with wBTC's custodian, BitGo, and concerns about the potential mismanagement of funds."
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