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Nalezeno "Bit Global": 42

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global


Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase’s choice to drop wrapped bitcoin (WBTC) from its exchange. Coinbase Defends Its Decision to Delist WBTC In a court filing submitted on Tuesday, Coinbase defended...

Bit Global Files $1 Billion Lawsuit Against Coinbase Over WBTC Delisting


Bit Global has filed a $1 billion lawsuit against Coinbase, alleging anticompetitive practices following the delisting of the wrapped Bitcoin token (WBTC) from the exchange. The lawsuit, filed in the U.S. District Court for the Northern District of California, accuses Coinbase of exploiting...

WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars


It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8...

Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding


BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from Bitgo’s CEO Mike Belshe and a vote from Sky community members. Sky Adviser...

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