Coinbase Withdraws Support for Wrapped Bitcoin (wBTC) As BTC Careens Below $100,000

Coinbase Withdraws Support for Wrapped Bitcoin (wBTC) As BTC Careens Below $100,000


Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures.

In a new thread on the social media platform X, Coinbase Assets says it has disabled trading services for wBTC, the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain, as the digital asset no longer meets the firm’s listing standards.

“We have disabled trading for wBTC. Your wBTC funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.”

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Coinbase – which first announced its decision to drop support for wBTC in November – said earlier this week that Tron (TRX) founder Justin Sun being associated with the digital asset was an

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