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📸 Daily Market Snapshot: Capitalizing on WBTC's controversial Justin Sun deal, Coinbase has introduced its wrapped bitcoin product cbBTC. Coinbase stock outpaced the NASDAQ, climbing 3.65% today. The product is already garnering industry support over heavyweight WBTC, but does bringing more DeFi power to a publicly traded behemoth present unacceptable centralization risks to the sector?
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