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：经济数据)

• ·企业个税被申诉怎么办
• ·10月31日广发成长精选混合A净值增长0.69%，近3个月累计上涨18.27%
• ·虚拟货币用什么钱包好-虚拟币钱包的选择 —— 详解!
• ·数字货币行情发展
• ·脑钱包怎么生成 脑钱包生成器
• ·10月31日永赢港股通优质成长一年混合净值下跌1.27%，近1个月累计下跌2.66%
• ·ico火币
• ·以太坊今日走势
• ·没有进项票能开销项票吗
• ·10月31日长城久惠灵活配置混合A净值增长0.85%，今年来累计上涨25.46%
• ·市管公积金贷款利率是多少？
• ·10月31日宏利睿智稳健混合A净值下跌0.37%，近1个月累计下跌1.82%
• ·什么云看什么天气
• ·10月31日国泰成长价值混合A净值增长2.18%，近6个月累计上涨27.35%
• ·为什么使用区块链 为什么使用区块链赚钱
• ·eth币今日价格行情