The current market capitalization for the wBTC token is about $13.6 billion, with Coinbase’s cbBTC valued at about $4.7 billion, according to CoinGecko data.

Coinbase and BiT Global settled their wBTC delisting dispute, closing the lawsuit with prejudice. The suit had sought over $1 billion in damages, claiming the delisting favored Coinbase's cbBTC token.

Coinbase, the prominent cryptocurrency exchange, has successfully fended off an attempt by Hong Kong-based BiT Global Digital Limited (BiT) to block the delisting of Wrapped Bitcoin (wBTC) from ...

BiT Global ended its legal dispute over the delisting of wBTC with Coinbase. BiT Global alleged in the lawsuit that Coinbase’s delisting of wBTC was unjustified and harmed the token’s ...

What You Need to Know On Friday, BiT Global called, in part, for a temporary restraining order against Coinbase delisting wBTC from its exchange. Coinbase argued that it moved to delist wBTC from ...

World Liberty Financial, backed by the family of U.S. President-elect Donald Trump, on Wednesday exchanged about $10 million worth of Coinbase's (COIN) wrapped bitcoin, cbBTC, for rival WBTC.

Paul Grewal, the chief legal officer for Coinbase, highlighted the news on X following the decision by BiT Global and its counsel, Kevin Kneupper and A. Cyclone Covey, partners at Kneupper & Covey ...

Coinbase announced in November 2024 that it would suspend wBTC trading starting on Dec. 19. BiT Global responded with a lawsuit filed on Dec. 13, claiming Coinbase had harmed the wBTC market by ...

Coinbase chief legal officer’s response to the Dec. 18 ruling. Source: Paul Grewal Coinbase announced on Nov. 19 that it would suspend wBTC trading on the exchange starting on Dec. 19.