Coinbase Launches Proof-of-Reserves for cbBTC – A New Era for Transparency
Coinbase has introduced its proof-of-reserves page for cbBTC, its wrapped version of Bitcoin. This feature allows users to deposit Bitcoin with Coinbase and transfer tokens representing the deposited BTC to various blockchain networks, including Ethereum and Solana. This move exemplifies Coinbase’s commitment to transparency and security in the crypto space, aiming to build trust among its users and stakeholders.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]