Coinbase Custody Exploring 39 Crypto’s Including DeFi Tokens for Listing

Coinbase continues to take its altcoins and DeFi listing spree one step further every other day. Today, the San Francisco-based exchange announced a slew of other tokens its exploring to add support for.

After adding FTX (FTT) and Serum (SRM), Coinbase Custody that offers features such as staking, governance, and decentralized finance (DeFi) and serves institutional clients across the Asia-Pacific region, announced a total of 39 new digital assets that are up for listing.

Coinbase’s crypto custodian has released the latest list of all the digital assets that it is exploring for listing, including some known DeFi tokens and some unknown ones that are heard for the time here only.

Aave (AAVE), Amp (AMP), Ampleforth (AMPL), Ankr (ANKR), ArCoin (ArCoin), Audius (AUDS), Barnbridge (BOND), BitTorrent Token (BTT), Centrifuge (RAD), Conflux Network (CFX), Curve (CRV), DFI.Money (YFII), Elrond Gold (EGLD), JUST (JST), JUST Stablecoin (USDJ), Meta (MTA), MovieBloc (MBL), mStable (MUSD), Neo (NEO), Nervos (CKB), Nexus Mutual (NXM), NKN (NKN), NuCypher (NU), Ontology (ONT), Paxos Gold (PAXG), Paxos Standard (PAX), Reserve (RSV), Reserve Rights (RSR), Request Network (REQ), Skale (SKL), SUN Token (SUN), tBTC (TBTC), Terra (LUNA), The Graph (GRT), Tron (TRX), VeChain (VET), WING (WING), WINK (WIN), and Wrapped Bitcoin (WBTC).

Some of these tokens like WBTC have already been supported on Coinbase’s other platform Coinbase Pro.

According to Coinbase, support for any digital asset is subject to its “significant technical and compliance review,” which in some cases may also be subject to regulatory approval in some jurisdictions.

Read Original/a>
Author: AnTy

Coinbase Adds Wrapped Bitcoin (WBTC) & Custody Service to Support Filecoin (FIL)

In its DeFi listing spree, Coinbase Pro has added the popular and fast-growing Wrapped Bitcoin (WBTC).

The San Francisco-based exchange has taken to list all the hot and happening DeFi products, and WBTC, which has grown to become the third-largest DeFi project with nearly $1.2 billion in total value locked (TVL), is the latest one.

An Ethereum token, WBTC represents Bitcoin on the Ethereum blockchain, where 1 BTC can be converted to 1 WBTC and vice-versa. This protocol allows bitcoin holders to participate in the popular DeFi space.

WBTC listing is announced with two trading pairs, USD and BTC.

Starting Monday, Oct. 19, WBTC will be available in all Coinbase’s supported jurisdictions except New York state.

Recently, Coinbase has added support for the likes of Yearn.Finance (YFI), Balancer (BAL), Uniswap (UNI), UMA, REN, Loopring (LRC) BAND, Compound (COMP), Celo (CGLD), Numeraire, and OmiseGo (OMG) along with supporting additional European and UK order books.

Amidst this, the same day, Coinbase Custody also announced at-launch support for Filecoin (FIL), which after years of first coming into the market, finally launched its mainnet.

“We’re thrilled that Coinbase Custody is providing secure custody for FIL. Coinbase has a great track record of building new, innovative tools for its users,” said Juan Benet, Filecoin founder.

Filecoin is a decentralized storage network and marketplace where miners earn FIL tokens by renting open hard drive space, and clients pay them to store and retrieve their data.

Its testnet took off in China, and already “roughly $100M of storage hardware is humming on the testnet.”

“Buying hardware and converting it directly to crypto is key here,” said Muneeb Ali, co-founder of Blockstack.

Yesterday, the mainnet of the Filecoin network was launched at block 148,888, a number the team said signifies “prosperity for life” in Chinese, chosen “to honor the epic contribution by our Chinese mining community to Filecoin’s long-term success.”

Read Original/a>
Author: AnTy

40 Ethereum Addresses Blacklisted, Holding Millions of Dollars Worth of Tether’s USDT

Tether, the creator of the leading stablecoin USDT, has been on a blacklisting spree and has blacklisted at least 39 Ethereum addresses since November 2017. Out of these 40 addresses, 25 have been blacklisted this year.

Philippe Castonguay, an Ethereum researcher, has created a dashboard that shows the number and list of addresses blacklisted by Tether up until now. All these blacklisted addresses would not be able to send or receive USDT, and the existing tokens in these addresses became useless. All the blacklisted addresses contain the millions worth of USDT and even one of the latest blacklisted address contain over a $1 million worth of tokens.

The million-dollar Ethereum address received 938,965 USDT tokens from Binance only last month. The owner of the address tried moving the funds the next day. It got blacklisted, but the transactions never went through.

Among all the blacklisted addresses, a majority of them contain around $100 USDT on average. However, the most valuable address consists of $4.5 million worth of USDT, along with 330,000 BUSD tokens and 13,500 ETH in it.

The blacklisting is mainly done if the address is suspected to be involved in any form of illegal or unusual activity and often on the request of authorities. As of right now, no one knows who owns these Ethereum addresses containing millions worth of cryptocurrencies.

Bitfinex, a sister company of Tether’s Stuart Hoegner the general counsel, commented on the recent slew of blacklisting and said,

“Tether routinely assists law enforcement in their investigations… Through the freeze address feature, Tether has been able to help users and exchanges to save and recover tens of millions of dollars stolen from them by hackers.”

Read Original/a>
Author: James W