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：新股)

• ·湖北住房公积金贷款政策有什么变化，有生活在湖北的了解情况吗？
• ·bat注意力币行情-bat注意力币手机app
• ·Metaplanet每股比特币持有量增加170%
• ·一般纳税人缺少成本票怎么办
• ·澳大利亚证券和投资委员会寻求高等法院裁决 加密货币收益产品法律地位引发争议
• ·北方股份将于11月18日召开股东大会，审议续聘会计师事务所的议案
• ·减免税金怎么做分录
• ·ada币最新行情分析-ada币最新行情及价格
• ·中国数字货币币交易所 十大虚拟币交易平台app炒币软件排行榜
• ·绝味食品(603517.SH)：累计回购2.2460%股份
• ·coreinto钱包什么价格-core 钱包
• ·一般纳税人收到发票怎么做账
• ·火币网交易版
• ·Pi币浏览器客户端下载2023-Pi币app电脑版v3.5.8下载入口
• ·5月21日市场关键情报，你错过了多少？
• ·数字货币交易所系统