by Rida Fatima from Techreport on (#6SCK1)
Coinbase will stop trading Wrapped Bitcoin (wBTC) on December 19, citing concerns over "listing standards."The move aligns with Coinbase launching its own wrapped Bitcoin token, cbBTC, on the Base blockchain.BitGo, the provider of wBTC, has faced scrutiny after partnering with BiT Global, a company linked to Justin Sun.The post Coinbase Announces End of wBTC Trading, Promotes cbBTC As a Replacement appeared first on Techreport.