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Coinbase Confirms Plans to Add Verifiable Proof of Reserves to cbBTC
2024-10-01 01:21
Odaily News Coinbase confirmed plans to add a verifiable proof of reserve (PoR) to its wrapped Bitcoin token cbBTC to allay concerns about Coinbase's lack of transparency. Coinbase product manager Lukas Staniszewski recently posted on X: "For cbBTC, we have planned PoR from the early stage, and the team is working hard to build it." (Cointelegraph)
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Important News
2025-11-05 00:50
Timefun announces the closure of its creator token platform and transition to a new encrypted social application.
2025-11-05 00:43
"Brother Machi" deposited another $275,000 three hours ago to open a long position in ETH, and is currently experiencing a floating loss of approximately $10,000.
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The ICBA has requested that Coinbase be denied a banking license, to which Coinbase has responded by accusing the ICBA of "monopolizing regulatory power and suppressing innovation."
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BTC fell below 101,000 USDT, a 4.91% drop in the last 24 hours.
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