Coinbase to Suspend 6 Crypto Assets in September

In an unexpected move, Coinbase Assets announced the suspension of trading for six cryptocurrency assets on Sept. 6, 2023, at 9 AM PT. Coinbase’s announcement mentioned six tokens, which include BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). This suspension means the assets will no longer enjoy some of the exchange’s core services. The decision is part of Coinbase’s ongoing commitment to maintaining the high-quality standards associated with the assets listed. Following the announcement, the assets, including BOND, DDX, JUP, OOKI, VGX, and MULTI, recorded 5.1%, 24%, 16%, 0.5%, 6%, and 0.7% price plunges, respectively.

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