Coinbase (NASDAQ:COIN) Wrapped BTC (cbBTC) is now live. Coinbase is officially rolling out cbBTC – Coinbase Wrapped BTC – an ERC20 token “that is backed 1:1 by Bitcoin (BTC) held by Coinbase.” At ...
2. FOMC Slashes Rates: Interest rates were lowered by 50 basis points. This marks the first rate cut in four years. The Federal Open Market Committee (FOMC) held key ...
Coinbase users can automatically convert BTC to cbBTC when sending to Base or Ethereum, simplifying access to DeFi applications. Concerns over wrapped Bitcoin products, like WBTC, remain, but Coinbase ...
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