Coinbase's Bitcoin Loans Are Not What They Seem
Follow me on X for more information on Bitcoin L2 alpha @GuerillaV2 Today, Coinbase announced the launch of “Bitcoin-backed loans” using Base, its native blockchain. But there’s a problem. (Actually, two.) These loans are not backed by Bitcoin, nor are they even on the Bitcoin blockchain. It’s disappointing that, in 2025, companies are still willfully … Read more