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Title: Coinbase Fights Back Against Bit Global’s Effort to Block WBTC Delisting
In a surprising turn of events, Coinbase has taken swift action to counteract Bit Global’s sudden attempt to block the delisting of Wrapped Bitcoin (WBTC) from their platform. This unexpected move comes as a shock to many in the crypto community who were previously unaware of any potential issues surrounding WBTC.
As per recent reports, Bit Global has been actively seeking to prevent WBTC’s removal from their platform by filing an injunction against Coinbase. In response, Coinbase has issued a statement emphasizing its commitment to ensuring the integrity and security of its platform, while also addressing concerns raised about WBTC’s current status.
In light of this controversy, it remains unclear whether WBTC will indeed be delisted or if Bit Global’s efforts will succeed in blocking the action. As more information becomes available, we will continue to keep you updated on any developments surrounding this story.
Sources:
Source: cryptoslate.com
