Coinbase 🛡️ Profile picture
Nov 7 4 tweets 1 min read Read on X
cbBTC is live on @solana.

cbBTC is an SPL token that is backed 1:1 by Bitcoin (BTC) held in custody by Coinbase.

This is the first token Coinbase has issued on Solana, and with it, we're excited to bring easy access to BTC.

Here’s what you can do with your cbBTC on day one ↓
@JupiterExchange, @MeteoraAG, @KaminoFinance, @jito_sol, @PhoenixTrade, @DriftProtocol, @RaydiumProtocol, @orca_so, @save_finance, @ManifestTrade, @LoopscaleLabs
Send cbBTC to Solana now coinbase.com/send?cbbtcUpse…
The contract address for cbBTC on Solana is:
cbbtcf3aa214zXHbiAZQwf4122FBYbraNdFqgw4iMij

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Coinbase 🛡️

Coinbase 🛡️ Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @coinbase

Sep 12
cbBTC is onchain.

cbBTC is an ERC20 token that is backed 1:1 by Bitcoin (BTC) held by Coinbase.

This means millions of BTC holders can now securely access DeFi apps on @base and Ethereum ecosystems—with more chains coming soon.

Here’s what you need to know ↓
cbBTC is available on
@AerodromeFi, @CurveFinance, @aave, @compoundfinance, @MorphoLabs, @MoonwellDeFi, @sparkdotfi, @veda_labs, @mellowprotocol, @DefinitiveFi, @deBridgeFinance, @ChronicleLabs, @BlockAnalitica, @SteakhouseFi, @gauntlet_xyz, @maplefinance
Get your launch NFT ↓
wallet.coinbase.com/nft/mint/cbbtc
Read 4 tweets
Apr 29
So you think you can HODL... here's what it means 🧵
Crypto bull cycles hit different.

The past two bull markets lasted 3.5 years. We’re 1.5 years in.

The past two bull markets saw prices increase 113x and 19x. Prices have increased 4x. Image
There have been 5 bitcoin bull markets. In an average bull market, you will have to survive the following to ride it to the top:
Six 5-10% drawdowns
Three 10-20% drawdowns
Two 20-30% drawdowns
One 30-40% drawdown
One 40-70% drawdown

All during a bull market.
Read 4 tweets
Oct 18, 2023
Perpetual futures have arrived: Coinbase Advanced customers in eligible non-US geos can now trade BTC, ETH, LTC, and XRP perpetual contracts.

Learn more at → coinbase.com/perpetuals
The global derivatives market represents ~75% of crypto trading volume worldwide, and our traders tell us they need access to products like perpetual futures on a trusted platform.
That’s why we’re enabling Coinbase Advanced customers in eligible non-US geos to trade perpetual futures contracts from Coinbase International Exchange.
Read 6 tweets
Jun 15, 2023
1/ Money is always changing. In 10,000 BC, the goat was traded within the ancient barter system and utilized the consensus mechanism Proof of Goat. Don’t fact check that second bit. twitter.com/i/web/status/1…
2/ 5000 BC: Chickens were traded as well, as were their eggs. Too bad they missed the egg bull run of 2023.
3/ 1300 BC: Cowrie shells were used as payment and seen as a sign of wealth and power. Money doesn’t grow on trees. But it did grow in the ocean.
Read 8 tweets
May 12, 2023
1/ Mortgage rates in Mozambique have reached as high as 22%. Much of the population along the coastline can’t get a loan to buy a house, and shelters built by hand get destroyed by cyclones.

A quick look at how crypto can update the system to help get people in safer homes.🧵
2/ Mozambicans are being excluded from home ownership even though they have enough income to afford a house. Because that income is informal rather than salaried, they’re being shut out of the traditional mortgage process.
3/ Enter: @empowa_io, a company making homes more accessible to Mozambicans by tapping into NFTs and blockchain technology to update an antiquated loan system. They work in partnership with @CasaReal13 to construct cyclone-resistant homes in central locations.
Read 5 tweets
May 4, 2023
Our Q1'23 financial results are in and our letter to shareholders can be found on the Investor Relations website at 🔗 investor.coinbase.com Image
We’ve been focused on building an increasingly efficient business that can do more for less. We reduced costs, doubled down on operational excellence and risk management, while continuing to drive product innovation and regulatory clarity.
We are pleased with the pace of innovation and the results we are seeing. We have continued to build the trusted products and infrastructure that will ultimately help crypto to realize its potential through new use cases and enhanced technologies.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(