Cointime

Download App
iOS & Android

Coinbase: Users holding BSV must withdraw them before January 9th or face liquidation

Coinbase announced the cancellation of support for BSV. Users who hold BSV must withdraw it before January 9th. If they fail to withdraw BSV, Coinbase will liquidate their BSV assets.

Comments

All Comments

Recommended for you

  • US spot Ethereum ETF saw a net inflow of $361.05 million yesterday

     according to TraderT monitoring, the net inflow of US spot Ethereum ETF was $361.05 million yesterday.
  • US spot Bitcoin ETFs saw a net inflow of $258.92 million yesterday

    according to TraderT monitoring, the net inflow of the US spot Bitcoin ETF was 258.92 million US dollars yesterday.
  • Strive Launches $450 Million Public Offering to Further Increase Bitcoin Holdings

     Bitcoin treasury company Strive (Nasdaq code ASST) announced the launch of a $450 million public offering plan to increase its Bitcoin holdings and raise the proportion of Bitcoin per share. This issuance is part of the company's total $950 million capital initiative, which also includes a $500 million stock buyback plan to enhance balance sheet flexibility. Strive currently holds 69 Bitcoins, worth approximately $7.9 million, and can raise an additional $750 million in the next 12 months through warrants. The company stated that it will issue preferred shares through a registration structure to purchase additional Bitcoins, increasing shareholder exposure to Bitcoin and enhancing shareholder value.
  • Coinbase CEO clarifies: No clear plans for Base network tokens at this time

    in response to Base's announcement of exploring the launch of a network token, Coinbase CEO Brian Armstrong clarified on X platform that they are indeed exploring the Base network token. They hope that this token can become an excellent tool to accelerate the growth of creators and developers in decentralization and ecosystem expansion. However, it should be pointed out that at this stage, there is no specific plan for the related token, and disclosing the information is just for public update of the concept.
  • Base Network Considers Issuing Tokens

    jesse Pollak, the head of the Base protocol, stated on BaseCamp that Base is exploring the possibility of issuing network tokens.
  • Ripple announces $25 million donation in RLUSD to two US nonprofits

    Ripple announced a donation of $25 million to two non-profit organizations in the United States, Accion Opportunity Fund and Hire Heroes USA. This funding will be provided in the form of Ripple's dollar stablecoin Ripple USD (RLUSD), aimed at expanding financing channels for underserved small business owners.
  • Google's stock price rose by more than 3%, setting a new record high, and its total market value exceeded US$3 trillion for the first time.

     Google rose more than 3%, hitting a record high, with a total market value exceeding $3 trillion for the first time. As of now, there are 4 listed companies in the U.S. with a total market value exceeding $3 trillion, including Nvidia ($4.26 trillion), Microsoft ($3.79 trillion), Apple ($3.53 trillion), and Google.
  • The three major U.S. stock indexes opened higher, with Tesla rising 6.74%.

    U.S. stock market opened, with the Dow rising 0.03%, the S&P 500 rising 0.34%, and the Nasdaq rising 0.45%. Tesla (TSLA.O) rose 6.74%, with Musk investing about $1 billion to buy over 2.5 million shares of the company's stock last Friday. Nvidia (NVDA.O) fell 1.32%, while Oracle (ORCL.N) rose 4.12%.
  • Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules

    Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
  • Coinbase Chief Legal Officer: US SEC blocks Coinbase’s request to disclose Gary Gensler’s communication documents

    Paul Grewal.eth, the Chief Legal Officer of Coinbase, wrote on the X platform that the issues of Chevron and Binance's secondary sales have been clarified, but in Coinbase's lawsuit, the U.S. Securities and Exchange Commission (SEC) has prevented Coinbase from requesting the disclosure of Gary Gensler's communication documents. In March 2021, Gary Gensler told the U.S. Congress that the SEC lacked regulatory authority over digital asset exchanges, confirming the long-held belief among market participants that digital asset trading on these exchanges is not within the jurisdiction of securities law. Coinbase has requested that Gary Gensler provide documents related to these communications because they are related to how the SEC's enforcement actions violate the due process requirements of the Constitution, but the SEC and Gary Gensler are trying to prevent the disclosure of these documents.