Coinbase Assets recently announced the suspension of trading for six cryptocurrency assets on Sept. 6, 2023, at 9 AM PT. The assets affected are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). This suspension means the assets will no longer enjoy some of the exchange’s core services, including Simple and Advanced Trade, Coinbase Pro, Coinbase Exchange, and Coinbase Prime.The decision is part of Coinbase’s ongoing commitment to maintaining the high-quality standards associated with the assets listed. After a thorough review, the firm explained that the delisted assets fell short of the listing standards the popular exchange required. Following the announcement, the assets recorded price plunges of 5.1%, 24%, 16%, 0.5%, 6%, and 0.7%, respectively.Multichain’s problems have been growing, including the CEO’s arrest and the shutdown of the bridge after losing over $109 million in crypto. At the moment, a large part of the crypto community believes MULTICHAIN is a dead project.
| Information |
Details |
| Geography |
Global |
| Countries |
|
| Sentiment |
neutral |
| Relevance Score |
8 |
| People |
None |
| Companies |
Coinbase Assets, BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Ooki (OOKI), Voyager (VGX), Multichain, Binance, PrimeXBT |
| Currencies |
BOND, DDX, JUP, OOKI, VGX |
| Securities |
None |
