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Showing posts with the label delist

Monero falls amid Binance delisting plans, QUBE rallying

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Monero is falling due to regulatory concerns. Binance, a major cryptocurrency exchange, will delist multiple privacy coins, including XMR, in Belgium. Meanwhile, the crypto community is taking note of QUBE, the native token of InQubeta, following its presale rally. At the moment, analysts consider InQubeta as one of the top decentralized finance (defi) projects in the market.  Their presale has raised over $2.9 million, indicating growing interest in their crowdfunding approach for artificial intelligence (AI) startups. Monero amid Binance delisting After Binance announced its intention to delist privacy coins in Belgium, XMR prices fell. This decision aligns with a broader trend where major exchanges are tightening their compliance with regulations, mainly around anti-money laundering (AML) and know-your-customer (KYC) rules.  Regulators have been scrutinizing Monero due to concerns that its privacy Features are being misused by criminals to enable untraceable and unlinkab...

Huobi Global to delist ten trading pairs, including several linked to USDD stablecoin

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Huobi Global Ltd. has announced plans to discontinue ten trading pairs, predominantly those associated with the USDD stablecoin, as part of their ongoing efforts to optimize user trading experiences. Renowned digital currency exchange Huobi Global Ltd. stated that it will discontinue ten specific trading pairs , primarily those connected to the USDD stablecoin . This stablecoin , issued by the TRON DAO Reserve, has significant backing from well-known digital asset entrepreneur Justin Sun. Huobi intends to delist trading pairs involving the ADA token of Cardano, SOL of Solana, APE of ApeCoin, MATIC of Polygon, FIL of Filecoin, and ETC of Ethereum Classic in combination with USDD, starting from June 29th. Additionally, ARPA, GAS, QTUM, and ZKS pairs with bitcoin will also be excluded from the platform. The exchange rationalized these actions as part of its initiative to deliver a superior trading experience to users. .#JustinSun just removed some of his stablecoin liquidity on the ...

Huobi delists 33 tokens in one day citing trading risk, low volume

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Some tokens were delisted due to "severe violation of regulations." According to a Jan. 11 announcement, cryptocurrency exchange Huobi said that it would delist 33 token s consisting of tickers ABT, ATP, APN, AST,DIE, DHT, DFA, EDEN, GEAR, HC, INDI, IOI, INV, IRIS, GCOIN, GOF, KMA, MTA, NAS, OPUL, PEARL, PRIMATE, QASH, SMT, SLC, SKU, SOC, STC, TALK, VALUE, WHALE, WILD and YAM. Effective Jan. 16, the aforementioned token s will cease trading and be delist ed permanently. In explaining the decision, Huobi wrote that most of the token s violated Section 17, Rule 1, and Section 17, Rule 2, of the Huobi Token Management Rules, which states: "Huobi reserves the right, based on the severity of the incident, to hide or cease trading in accordance with the following events: 1) [Tokens] Labeled with "ST" warning and not canceled within 30 days. 2) [Tokens] That do not meet the requirement of having $50,000 in daily trading volume." Cast your vote now! According t...