Recently, someone in the community pointed out a concerning clause in the user agreement of Coinbase's newly launched packaged Bitcoin product - cbBTC. This clause states that if the reserve base Bitcoin is lost due to malicious activity or unforeseeable events, Coinbase will not fully compensate customers, but will give customers a "proportionate share of the remaining Bitcoin".

Regarding this, Paul Grewal, the legal director of Coinbase, clarified that if Coinbase loses Bitcoin due to its own negligence or external malicious behavior, they will fully compensate customers for their losses, and even if these bitcoins are lost, Coinbase will ensure that customers will not bear these losses.

Paul Grewal further explained that Coinbase is only liable to a limited extent for the risks associated with some complex transactions or the use of leverage. For example, if a user uses cbBTC as collateral on a lending platform and the underlying Bitcoin is liquidated due to some malicious activity, Coinbase will only compensate them for the lost portion of Bitcoin and will not compensate for other financial losses caused by liquidation (such as liquidation fees or leverage losses).

In summary, Coinbase has clarified that they will fully compensate for Bitcoin losses caused by external malicious behavior, but if users participate in high-risk transactions, the potential losses caused by these transactions will not be within their compensation scope.

Due to the involvement of Sun Yuchen, the largest packaging Bitcoin in the Ethereum ecosystem, wBTC has raised doubts from various parties and provided development opportunities for packaging Bitcoin, including cbBTC.

According to previous reports from Zombie, the cbBTC issued by Coinbase accumulated nearly 2000 circulating tokens within just one week of its launch, becoming the third largest packaged Bitcoin token. Nevertheless, wBTC still dominates the market for packaging Bitcoin, with nearly 153000 tokens currently in circulation and a market value of approximately $9.6 billion, far surpassing its closest competitor tBTC, which has only about 3400 tokens.

On the other hand, the head of cryptocurrency exchange Coinbase Singapore also announced at the Solana Breakpoint 2024 event held in Singapore on Saturday that the company plans to introduce its cbBTC token into the Solana blockchain.

(责任编辑：基金数据)

• ·2024 年稳定币的「稳定」与「不稳定」
• ·币圈十大交易所排名榜
• ·对话 Circle CEO：从监管到创新，美元数字化是大势所趋
• ·创建瑞波币钱包
• ·Abraxas Capital增持4.6万枚以太坊价值超1亿美元
• ·多币种虚拟币交易平台
• ·trat币行情非小号
• ·马斯克旗下 xAI 和特斯拉将继续采购 Nvidia 与 AMD 芯片
• ·yfv认购价格-认购费1折什么意思
• ·专业的比特币交易平台
• ·meme代币未来价格-meme代币有哪些
• ·火币比特币
• ·单位购买防疫物资怎么做账
• ·最好的山寨币软件
• ·美国以太坊币行情-美国以太坊币行情走势
• ·某鲸鱼过去25个小时从Binance提取2.209万亿枚PEPE到链上，价值2916万美元