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：基金优选)

• ·虚拟币交易平台app排行 排名前十的虚拟货币交易app
• ·bnb币交易平台
• ·进项税额转出余额月末怎么账务处理
• ·怎么进行ico
• ·定期定额征收是什么意思
• ·为什么开票显示纳税人不存在
• ·链上数据揭示比特币牛市或刚刚起步
• ·律师事务所的会计如何做分录
• ·欧意链接安卓_OK交易所排名第几V6.1.25
• ·Berachain回应赎回质疑：HONEY由Paypal USD足额抵押，未来将简化流程
• ·专家称，当 XRP 价格达到 10 美元至 100 美元时，这些人将会被抛在后面
• ·以太坊钱包私钥
• ·比特幣反彈衝上 58,000 美元！NYDIG：短期漲勢難延續，第四季度是關鍵
• ·单位参加城镇职工基本养老保险缴费基数是多少
• ·补提以前年度工会经费可以税前扣除吗
• ·现在台风在什么位置