📉 The crypto world is in turmoil again: Coinbase announced plans to suspend trading of Wrapped Bitcoin (WBTC) in December, citing non-compliance with listing standards. BiT Global believes this is an attempt to promote Coinbase’s own Wrapped BTC (cbBTC) product and eliminate a competitor. While WBTC remains the most popular Bitcoin wrapper with $14 billion in TVL, cbBTC is quickly gaining popularity with $1.5 billion.