š Big news in the crypto world! Justin Sun has slammed Coinbase's new cbBTC, calling it a "dark day for BTC." š
š¹ Sun warns cbBTC lacks proof-of-reserve & audits.
š¹ Claims it poses major risks to DeFi protocols.
š¹ Launched on Ethereum & Layer2 Base.
Sun's critique comes amid his own wrapped Bitcoin drama with WBTC and BitGo. The DeFi community is buzzing! What do you think? Share your thoughts below! š #Web3 #DeFi #Layer2 #CryptoNews