Coinbase confirms plans to add verifiable reserve proof for cbBTC

2024-10-01 09:29:28

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ChainCatcher news, Coinbase confirms plans to add verifiable proof of reserves (PoR) for its wrapped Bitcoin token cbBTC to alleviate concerns about Coinbase's lack of transparency.

Coinbase's product manager Lukas Staniszewski recently posted on X: "For cbBTC, we planned PoR from the beginning, and the team is working hard to build it."

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Coinbase cbBTC verifiable reserve proof