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news-imageJanuary 22, 2025

Coinbase seeks dismissal of BiT Global lawsuit over wBTC delisting

Coinbase has filed a motion to dismiss a lawsuit from BiT Global that challenges the firm's decision to delist Wrapped Bitcoin (wBTC), according to a Jan. 21 court filing. This follows the denial of BiT Global's earlier legal attempt to block the delisting through a court order.
Publisher: CryptoSlate
Sentiment: Neutral
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cover-imageCrypto Economy
March 6, 2025

World Liberty Financial Expands Crypto Portfolio With $21.5M Investment Including ETH, WBTC, and MOVE

TL;DR World Liberty Financial (WLFI), backed by Trump, has invested a total of $336 million in cryptocurrencies, with a recent $21.5 million purchase in ETH, WBTC, and MOVE. This move comes just ahead of the White House Crypto Summit, a key event that could shape the future regulatory framework for cryptocurrencies in the U.S.

Neutral
cover-imageThe Currency Analytics
February 5, 2025

WLFI Transfers $300M in ETH & WBTC to Coinbase

World Liberty Financial (WLFI), a family-run firm associated with Eric Trump, has recently made headlines by transferring significant amounts of digital assets, including Ethereum (ETH) and wrapped Bitcoin (WBTC), to Coinbase Prime. The transaction has raised eyebrows, as it involves over $300 million worth of cryptocurrencies.

Negative
cover-imageCoingape
February 4, 2025

World Liberty Financial Offloads ETH, WBTC To Coinbase, What's Happening?

World Liberty Financial, a decentralized finance (DeFi) project backed by U.S. President Donald Trump, has moved a substantial portion of its cryptocurrency holdings to Coinbase Prime. Blockchain data indicates the transfer involved more than 90% of its multi-asset treasury, including large amounts of Ethereum (ETH) and Wrapped Bitcoin (WBTC), as well as positions in AAVE,

Positive
cover-imageBenzinga
January 21, 2025

Trump-Backed World Liberty Financial Bags $47 Million Each Of Ethereum, Wrapped Bitcoin To Commemorate Inauguration: 'Excited For The Future'

As Donald Trump took oath as the 47th President of the U.S. on Monday, World Liberty Financial, a cryptocurrency project backed by him, announced a series of strategic purchases, including Ethereum (CRYPTO: ETH) and Wrapped Bitcoin (CRYPTO: WBTC). What Happened: In an X post, the decentralized finance platform disclosed buying several cryptocurrencies, including $47 million each in Ethereum and Wrapped Bitcoin, a converted version of Bitcoin that can be used on Ethereum's blockchain.

Positive
cover-imageCryptonews
December 19, 2024

Coinbase Dismisses Justin Sun-Linked BiT Global Lawsuit Over wBTC Delisting

Coinbase has successfully dismissed a lawsuit from BiT Global, linked to Justin Sun, aimed at blocking the delisting of Wrapped Bitcoin (wBTC), with the court siding with Coinbase's concerns over customer protection and asset integrity. The post Coinbase Dismisses Justin Sun-Linked BiT Global Lawsuit Over wBTC Delisting appeared first on Cryptonews.

Negative
cover-imageCryptonews
December 18, 2024

Coinbase Criticized for Citing Justin Sun Risks in Wrapped Bitcoin Delisting

Coinbase, a prominent cryptocurrency exchange, has faced criticism following its decision to remove Wrapped Bitcoin (WBB) from its platform. The exchange cited unacceptable risks associated with Justin Sun, the founder of the Tron blockchain, as the reason for this action. The post Coinbase Criticized for Citing Justin Sun Risks in Wrapped Bitcoin Delisting appeared first on Cryptonews.

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