The chief legal officer of cryptocurrency exchange Coinbase said the company has not yet decided whether to delist any assets. Coinbase was sued by the U.S. Securities and Exchange Commission (SEC) for violating security regulations. Unlike rival Binance, Coinbase does not appear to be canceling any trading pairs or suspending its OTC trading portal for now. The company believes its business is legitimate, active and productive and will continue to operate as usual.
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Coinbase Chief Legal Officer:We Have Made No Decision at All To Delist Assets
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Cointime August 4 News Express
1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX -
Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches. -
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Donald Trump Plans to Release Fourth NFT Collection, Embraces Crypto Industry
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