Coinbase cbBTC: Can BlackRock Backing Restore Community Confidence?

The launch of Coinbase cbBTC on the Base network has fueled concerns over its reserve transparency. These concerns gained traction after Justin Sun pointed out the lack of Proof-of-Reserve (PoR) for the new product. Despite this, Bloomberg senior ETF analyst Eric Balchunas has defended the exchange’s integrity, citing BlackRock’s involvement as a reason for trust The post Coinbase cbBTC: Can BlackRock Backing Restore Community Confidence? appeared first on CoinGape .