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Coinbase will be suspending trading of Wrapped Bitcoin (WBTC) in December, citing undisclosed failures to meet the cryptocurrency exchange’s standards for listing tokens.
Coinbase has begun phasing out wBTC, and will suspend trading on Dec. 19 citing "listing standards". This move comes after Coinbase has launched a competitor to wBTC called cbBTC.
The community has fired back against Coinbase’s reasoning for delisting WBTC in connection to “unacceptable risk” that the exchange has linked to Tron founder Justin Sun.
WBTC, a wrapped version of Bitcoin that enables access to the Ethereum network, is being de-listed on Coinbase. The suspension of the digital asset will take place on December 19th.
BiT Global claims Coinbase’s decision to proceed with the wBTC delisting is anti-competitive and violates "numerous state and federal laws" and believes the delisting will also "damage" BiT ...
ETH short-term price prediction points to potential downside as whale activity increases and Ethereum faces resistance near ...
Coinbase faces $1 billion wBTC delisting lawsuit: What you need to know. The suit claims Coinbase’s actions amount to monopolization of the wrapped Bitcoin market under the Sherman Act.
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Coinbase under fire for linking WBTC delisting to Justin Sun - MSNOn December 17, Coinbase filed a response to a lawsuit from BiT Global, a company affiliated with Sun. The lawsuit accused the exchange of harming the Wrapped Bitcoin (WBTC) market by removing the ...
Coinbase wrote in the reply that it decided to suspend wBTC from trading on its exchange 30 days from Nov. 19. On Friday, four business days before the delisting went into effect, Coinbase claimed ...
Key Takeaways: Coinbase and BiT Global settled their wBTC delisting dispute, closing the lawsuit with prejudice. The suit had sought over $1 billion in damages, claiming the delisting favored ...
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