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：黄金TD)

• ·PolyFlow PID：重新定义你的加密钱包
• ·虚拟货币交易所芝麻交易所app最新下载-芝麻交易所DEX交易v6.8.9官网下载
• ·火币朱嘉伟
• ·关于意外伤害保险赔付，请问具体哪些项目需要达到赔付条件才能赔我？
• ·事业单位工资计提怎么账务处理
• ·10月31日汇添富互联网核心资产六个月持有混合A净值下跌0.33%，近1个月累计下跌1.51%
• ·办理公积金贷款后还用交公积金吗？有没有知道的啊？
• ·10月31日华安优嘉精选混合A净值下跌0.62%，近1个月累计下跌5.21%
• ·以公允价值计量的金融资产分录是什么
• ·10月31日金鹰智慧生活混合A净值增长0.56%，近3个月累计上涨21.64%
• ·比特币什么时候会涨 比特币什么时候会涨什么时候会跌
• ·兰博基尼保费是多少？价值800万的车保险费用揭秘。
• ·以太坊美元价格
• ·国内贸易信用保险，什么情况下能赔我？赔偿条件有哪些？
• ·比特币每日行情
• ·公益捐赠的会计分录怎么做？