Coinbase, Huobi Global, LBank, and BitMart have announced 13 altcoin projects to be listed on their platforms.
Coinbase lists 9 new altcoins
The US-based cryptocurrency exchange announced that it has listed 9 new altcoins for its users in New York. The investment arm of the stock market shared the new development on Twitter. According to the announcement, the following cryptocurrencies are among the new tokens available on the platform.
- GTC
- MASK
- UPI
- XTZ
- CTSI
- RAI
- IOTX
- TRB
- WCFG
Huobi Global announces altcoin listing
Another listing news came from the cryptocurrency exchange Huobi. The LOVELY/USDT pair will now be available for trading on the Huobi Global platform. Withdrawals open at 11:00 on August 6th.
BitMart lists SRCX/USDT pair
Another listing news is Source Protocol. In a nutshell, Source Token is Source Protocol’s first automatic liquidity purchase and DeFi market participation token built on Binance Smart Chain. According to the announcement from the cryptocurrency exchange BitMart, the SRCX/USDT pair will be opened for trading as of August 5. Withdrawals will open on August 8.
LBank adds another meme coin to its roster
LBank lists the Squid Grow (SQUIDGROW) token. SQUIDGROW is a BCS-based meme coin project. It is currently trading at $0.00000003915. According to the statement made by the exchange, SQUIDGROW/USDT transactions will be open this evening.
Coinbase hit with 2 new lawsuits amid SEC investigation
In a hot thread about cryptocurrency exchanges, Coinbase is now facing increasing scrutiny from regulators. The company becomes the target of multiple lawsuits. The San Francisco-based cryptocurrency exchange, which is currently being investigated by the SEC, is now facing two additional legal requests from two law firms.
On Thursday, New York-based law firm Bragar Eagel & Squire announced that it will be suing Coinbase over deceptive allegations about its business practices. Pomerantz LLP also filed suit against the exchange, claiming that it had the right to indemnify the defendant for damages incurred as a result of its violation of federal securities laws. This lawsuit was filed to indemnify the plaintiffs.
In both complaints, the plaintiffs allege that Coinbase made false and deceptive statements regarding the company’s business, operations, and compliance efforts, specifically between April 14, 2021 and July 26, 2022.
cryptocoin.comAs you follow, Coinbase has been involved in many lawsuits and disputes in the past. Meanwhile, two new lawsuits have come as Coinbase is investigated by the SEC for allegedly trading unregistered securities. Ishan Wahi, Coinbase’s former global product manager, is accused of insider trading in a separate lawsuit. However, earlier this month, Wahi denied two wire fraud conspiracy charges in a Manhattan federal courtroom.
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