Coinbase Launches Proof-of-Reserves for cbBTC – News Bytes Bitcoin News

Cryptocurrency exchange Coinbase unveiled its proof-of-reserves page for cbBTC, the exchange’s wrapped version of bitcoin (BTC) that allows users to deposit bitcoin with Coinbase and send tokens that represent the deposited BTC to multiple blockchain networks such as Ethereum or Solana. Displaying live proof of bitcoin in custody gives users confidence that at any given […]

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