After Justin Sun and WBTC’s ‘top 5 fumble,’ Coinbase unveils cbBTC
WBTC custody woes persist after revelation that BiT Global will have more control. Coinbase has stepped up to challenge BitGo by unveiling a WBTC alternative. Justin Sun’s involvement in WBTC’s custody and the ensuing trust issues raised by some community members have attracted other wrapped Bitcoin [BTC] derivatives challengers. Coinbase is the latest to unveil…