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”

Love good vibes and motivated people around interesting in new technologies projects  to Develop onJava PHP MySQL C++ EVM chains! .base.eth /build /base

Can you guys explain please what the point of cbBTC NFT? 

Thanks

@nekodex

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

This is HUGE! The path to 1 billion users onchain just got a whole lot clearer, and we’re all in for it with Bonds.

Let's 👏 keep 👏 building 👏

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

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

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I liked the sound of this. That means I can hold BTC on base network. This is awesome.

This is massive! I’m so excited 🙌🏻😍🔵🟠

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