Bitcoin

cbBTC is onchain.

cbBTC is an ERC20 token that is backed 1:1 by Bitcoin (BTC) held by Coinbase.

This means millions of BTC holders can now securely access DeFi apps on Base and Ethereum ecosystems—with more chains coming soon.

There are many fraudulent actors pretending to be cbBTC. The contract addresses for cbBTC are:
Base: 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf
Ethereum: 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf

Learn more ↓

There are many fraudulent actors pretending to be cbBTC. The contract addresses for cbBTC are:
Base: 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf
Ethereum: 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf

Learn more ↓
https://coinbase.com/blog/coinbase-wrapped-btc-cbbtc-is-now-live

Get your launch NFT ↓
https://wallet.coinbase.com/nft/mint/cbbtc

is there an audit of actual BTC holdings?

I can hear them now: “not your keys not your coins”

I never cease to be amazed at the opportunities you provide, and of course my art for the bitcoin gallery won't be long in coming

Will be swapping out my WBTC for this at the earliest opportunity

Certified /rad
⟐ Asking questions in /how & /why

Congratulations! Your cast has been curated by @duderad.eth and featured on https://casterbites.com/bites

Remember, any Farcaster user can send and vote for the best casts of the day

This is massive! I’m so excited 🙌🏻😍🔵🟠

the only thing is that those BTC folks will need to trust coinbase for it?

Payflow

@coinbase, you've been paid 1 DEGEN by @qutem 🎉

p.s. join /payflow channel for updates 👀

Cryptocurrency has become a giant multi-level marketing scheme.  📴  👀
Skeptical of fair and transparent distribution of cryptoassets.