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：现货金)

• ·股票买入已报
• ·10月31日华安沪港深外延增长灵活配置混合C净值增长0.26%，近3个月累计上涨17.07%
• ·威斯康星州投资委员会清仓贝莱德比特币ETF股份，曾持逾3.21亿美元
• ·Kucoin首席执行官BC Wong亮相Token2049，探讨加密行业未来发展方向
• ·企业分配的股票股利通过什么科目核算
• ·10月31日国新国证融泽6个月定开混合C净值增长0.35%，近3个月累计上涨4.73%
• ·中融信托股票
• ·世界虚拟币排名世界虚拟币排名第一
• ·股票五档行情-股票五档行情红色和绿色的区别
• ·10月31日西部利得量化优选一年持有C净值增长0.70%，近3个月累计上涨18.39%
• ·元界ico价格-元界etp最高价格
• ·OKX|欧艺网址？欧艺交易所app官方下载安装
• ·币圈网格交易软件-币圈网格交易软件有哪些
• ·所有的比特币交易平台
• ·Coinsilium Group完成125万英镑融资，用于建立比特币财务计划
• ·虎符交易所官网-虎符交易所官网网址