Coinbase is hoping to spur massive adoption of the token, which will have several uses, after the Merge. “Our hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi [decentralized finance] applications,” according to the whitepaper. “With cbETH, Coinbase aims to contribute to the broader crypto ecosystem through creating high-utility wrapped tokens and open sourcing smart contracts,” the whitepaper added.
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...
Historically, institutions have hesitated to move on-chain due to regulatory risks. However, with bitcoin ETF AUM inflows on track to...
“If you ask five people: 'What is Bittensor?' You will get five different answers,” Silbert, a cryptocurrency OG investor and...
“I don't think the competition for power from AI facilities will significantly impact hashprice,” Mellerud said. “The Bitcoin mining network...
Applications for this technology span finance, data sharing, education, and beyond. For instance, platforms like Genius Terminal use agents for...
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