Attention crypto enthusiasts! 🚀 Coinbase has announced that it will be adding proof of reserves (PoR) to its new Bitcoin wrapper, cbBTC. This will put cbBTC on par with other wrappers like WBTC and 21BTC, addressing concerns about Coinbase's transparency.
- Coinbase's Lukas Staniszewski confirmed that PoR has been part of the plan from the start.
- cbBTC, launched on September 12, already has $250 million in total value locked.
- Coming soon to Solana.
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