Category: Coinbase039s
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Coinbase’s Bitcoin Loans Are Not What They Seem
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Earlier today, Coinbase Announce Launching “Bitcoin Backed Loans” using Base, its native blockchain. But there is one problem. (actually two). These loans are not backed by Bitcoin, not even on the Bitcoin blockchain. It is disappointing that in 2025, companies are still willingly omitting key details to mislead Bitcoin holders…
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Coinbase’s Bitcoin Loans Are Not What They Seem
•
Earlier today, Coinbase Announce Launching “Bitcoin Backed Loans” using Base, its native blockchain. But there is one problem. (actually two). These loans are not backed by Bitcoin, not even on the Bitcoin blockchain. It is disappointing that in 2025, companies are still willingly omitting key details to mislead Bitcoin holders…