Coinspeaker
Coinbase Hints at Its Potential cbBTC amid WBTC Controversy
Coinbase made a cryptic post on its official X account in which it simply wrote “cbBTC” and later added, under the comment section of the same post, “coming soon”. This post has led many in the crypto community to start making guesswork and speculations that Coinbase plans to launch its version of a wrapped Bitcoin token.
The speculation heated up after Jesse Pollak, the head of Coinbase’s layer-2 network Base, expressed his love for Bitcoin and appreciated the largest crypto by market cap for its role in kickstarting digital assets. Pollak stated that Base would work to build a massive Bitcoin economy on its network.
Another comment made by a Coinbase ambassador, Cryptic Poet, whose message was reposted by Pollak, added to the speculation. He wrote that he had not moved his BTC for years but would move them if he could bring them to Base.
Controversy Surrounding Wrapped Bitcoin (WBTC)
Coinba
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