Coinbase Announces cbBTC Contract Address
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September 12, 2024
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Coinbase announced on the X platform that the ERC-20 token cbBTC has been deployed on the blockchain. It is backed 1:1 by Bitcoin (BTC) held by Coinbase. The company also stated that many fraudsters are impersonating cbBTC and has decided to disclose the cbBTC contract address to prevent fraud.
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