Coinbase, the largest cryptocurrency exchange in the United States, is facing scrutiny after a surge in phishing scams led to ...
If you're a Coinbase user, you may be able to use the bitcoin you own as collateral to get a loan thanks to a new service launched Thursday. But the offering has its risks.
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Hosted on MSNCoinbase execs to convene on Thursday to clarify why it cannot list certain tokens ‘as a regulated exchange’Coinbase executives Jesse Pollak and Paul Grewal took to X (formerly Twitter) to address one of the subjects that have brought major backlash on the exchange — the perceived arbitrariness of its token ...
Coinbase users have lost over $150 million to scams, with social engineering tactics leading to substantial financial thefts.
Here’s the truth: these loans are collateralized by cbBTC, Coinbase’s Bitcoin-wrapped product designed to compete with wBTC and tBTC. This is not Bitcoin. In fact, cbBTC is arguably the most ...
A Coinbase user lost 110 cbBTC worth $11.5 million in a social engineering scam on Base, according to ZachXBT.
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Cryptopolitan on MSNBase’s app activity rises by 129% as DeFi lending takes offBase expanded its app activity by 129%, boosted by renewed interest in DeFi. Morpho Labs and Uniswap were among the most ...
First, the rollout adds a new capacity to Coinbase's frontend. Second, users who post BTC collateral are minting cbBTC (Coinbase's wrapped bitcoin on Base) and borrowing USDC (Coinbase's stablecoin).
While FLP Surge is a major milestone, it’s only one part of the broader Flex Perpetuals ecosystem. Built on the hugely ...
When you decide to get a loan against your bitcoin, it first gets converted to Coinbase Wrapped BTC (cbBTC) token, which is a bitcoin-backed token issued by Coinbase. This cbBTC will then be ...
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