News with the tag "BiT Global"

This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States.

Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin ( wBTC ) as the crypto king crashes below six figures. In a new thread on the social media platform X, Coinbase Assets says it has disabled trading services for wBTC, the tokenized representation of Bitcoin ( BTC ...

Coinbase will likely be able to move forward with its intention to suspend wBTC trading on Dec. 19 after a challenge in federal court.

The crypto community is lashing out against Coinbase’s reasoning for delisting Wrapped Bitcoin (WBTC) after the exchange linked the decision to the “unacceptable risk” associated with Tron founder Justin Sun. On December 17, Coinbase filed a response to a lawsuit from BiT Global, a company affiliate...

Some crypto community members have criticized Coinbase for not giving technical reasons for delisting WBTC and justifying its decision by citing Justin Sun-linked risks.

A lawsuit against Coinbase concerns allegations under the Sherman Act of attempted monopolization of the Wrapped Bitcoin market.

A well-known cryptocurrency exchange firm might be forced to pay up to $1 billion in damages for delisting a digital currency from its platform. The issuer of Wrapped Bitcoin, Bit Global Digital is suing crypto platform Coinbase for the losses incurred after the digital currency exchange removed its...

Justin Sun, founder of TRON, and Paul Grewal, Coinbase’s Chief Legal Officer, have been sparring on social media over the exchange’s asset listing standards. This comes in after BiT Global sued the US’s biggest crypto exchange over the delisting of wrapped Bitcoin (wBTC) as it prepares to launch a c...

New court documents show that BiT Global, a custodian of Wrapped Bitcoin ( wBTC ), is suing Coinbase after the top US-based crypto exchange delisted wBTC in November. In a new complaint, BiT Global accuses Coinbase of using wBTC – the tokenized representation of Bitcoin ( BTC ) on the Ethereum ( ETH...

BiT Global Digital is suing Coinbase for $1 billion, alleging antitrust violations after the platform delisted wBTC. Read original article on coincu.com