🚀 In a twist worthy of a crypto soap opera, Coinbase plans to delist Wrapped Bitcoin (WBTC) by Dec. 19, 2024, citing "standards" rather than sibling rivalry. BiT Global, however, claims it's a sneaky move to boost Coinbase's own Bitcoin wrapper, cbBTC. With WBTC still reigning supreme at $14 billion TVL, Coinbase's cbBTC is catching up with $1.5 billion. Meanwhile, BitGo's partial control handover to BiT Global stirred the pot with Justin Sun's controversial cameo. Who knew Bitcoin wrappers could be this dramatic? 🍿
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