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：百科资讯)

• ·呼和浩特市哪里有夜市
• ·中文比特币钱包-中文比特币钱包下载
• ·多家usdt交易所排名 十大炒币软件app排行榜
• ·BSV今日价格 7月21日BSV实时价格走势图
• ·luna币交易平台下载_中国十大虚拟货币排名
• ·SBF否认前女友日记中泄露篡改证人
• ·江西阳明山在哪里
• ·十大虚拟币交易所排行榜 最好的虚拟币交易平台2025
• ·比特币前九交易平台排 世界9大虚拟货币交易所排名
• ·etc币行情
• ·okx欧易APP如何下载？欧易交易所下载使用教程
• ·前摄氏度行政长官承认刑事指控
• ·O交易所APP下载 O2023最新下载
• ·拜登信心喊话、美股齐扬！比特币反弹突破2.7万、以太坊站上1800
• ·XLC是什么币？XLC币上线交易平台和官网总量
• ·钱包连接不到节点-钱包连接不到节点怎么回事