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：私募资讯)

• ·深圳数字资产交易平台
• ·火币比特币
• ·美国长期国债收益率或因政策信心下降而上升
• ·沪企改革概念31日主力净流出5.01亿元，上海电气、上工申贝居前
• ·捷信买手机要首付吗？想要了解一下，因为我想捷信分期买手机。
• ·国产软件概念31日主力净流出35.02亿元，润和软件、常山北明居前
• ·比特币可以提币的平台
• ·事业单位累计盈余计算公式是什么
• ·虚拟币ico平台
• ·BTC交易所国内版v6.0.9下载-芝麻交易所比特币交易所大陆版最新下载
• ·兵器工业股票-兵器工业股票代码
• ·美丽生态收盘涨9.87%，主力资金净流入3103.29万元
• ·Kraken推出xStocks：24小时无缝交易时代来临，传统交易所面临生存危机
• ·比特币用什么做的 比特币用什么做的啊
• ·什么地区都吃什么月饼
• ·火币做空