Coinbase Assets has announced that it will temporarily halt trading for six particular cryptocurrency assets, effective September 6, 2023, at 9 AM PT. The affected cryptocurrencies are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager (VGX). This move will mean that these assets will no longer have access to Coinbase services such as Simple and Advanced Trade capabilities, Coinbase Pro, Coinbase Exchange, and Coinbase Prime platforms.The decision was motivated by Coinbase’s commitment to maintaining the highest standards of quality in its listed assets. After a thorough investigation, the six assets did not pass the exchange’s strict listing requirements.Following the announcement, the prices of the affected assets fell by varying amounts. DerivaDAO (DDX) dipped the most, with a 24% decrease. Multichain (MULTI) has been facing serious setbacks with its bridge and has seen a 0.7% decrease. Ooki (OOKI), Jupiter (JUP), Voyager (VGX), and BarnBridge (BOND) fell by 0.5%, 16%, and 6%, and 5% respectively.The news quickly gained popularity across internet platforms, with thousands of views and likes on Twitter. Coinbase has given interested parties around two weeks to adjust before trading is suspended on September 7.

Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	10
People	None
Companies	Coinbase Assets, Coinbase, Bitcoin, Multichain, DerivaDAO
Currencies	BOND, DDX, JUP, MULTI, OOKI, VGX, Bitcoin, Ethereum
Securities	None