BiT Global is suing Coinbase for $1 billion, claiming unfair practices after it delisted wBTC to promote its own competing product, cbBTC. Crypto exchange Coinbase is being sued for over $1 billion by BiT Global Digital Limited, which is accusing the company of harming the market for Wrapped Bitcoin after a November decision to delist…
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Key Ideas According to AnetaBTC, the Cardano network has achieved a significant milestone. Similar to how wBTC on the Ethereum blockchain functions, CBTC, a cryptocurrency on the Cardano blockchain, does not need a central custodian. One of the initial initiatives that will make it possible to create cBTC on the Cardano network is AnetaBTC. According…
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