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：商业)

• ·三九什么月什么日-三九什么月什么日的成语
• ·1.4 ETH 窃案背后：Lido 安全机制给行业上了一课
• ·波卡生态板块软件
• ·芝麻交易所ouyi加密货币钱包在线下载-芝麻交易所web3钱包免费版v6.3.7安装地址
• ·这里土壤什么气候什么
• ·meme币官方app检测出恶意 meme币最新版下载链接有没有
• ·支付宝花呗为什么不能使用？想用花呗在淘宝上购物，但是无法使用。
• ·平安i贷人脸识别过不了是为什么？我试了好几次。
• ·差额纳税的一般纳税人可以抵扣进项吗
• ·比特币是什么时候出来的
• ·拍拍贷散标逾期怎么办？有什么办法能够补救吗。
• ·比特币今日行情预测
• ·什么动物用什么降温
• ·meme币下载地址 meme币最新版交易所app下载链接
• ·杠杆式股票-杠杆股票是啥
• ·人人贷信用审核要多久？审核通过后会放款吗？