Crypto Shuttle News

Tag: Transparency

  • Increasing transparency for new asset listings on Coinbase | by Coinbase | Apr, 2022

    Increasing transparency for new asset listings on Coinbase | by Coinbase | Apr, 2022

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    Starting immediately and as part of an effort to increase transparency by providing as much information symmetry as possible, Coinbase will be using this blog post as a pilot to communicate assets under consideration for listing in Q2 2022 (April 1st, 2022 to June 30th, 2022).

    April 1 — June 30 2022 Roadmap

    The following assets are under consideration for listing on Coinbase in the 2nd quarter of 2022. Transfers and trading are not supported for these or any other assets until a listing is officially announced. Depositing these assets into your Coinbase account before an official announcement may lead to permanent loss of funds.

    ERC-20 tokens on the Ethereum network

    1. Aleph.im (ALEPH) — Contract Address: 0x27702a26126e0b3702af63ee09ac4d1a084ef628
    2. Arcblock (ABT) — Contract Address: 0xb98d4c97425d9908e66e53a6fdf673acca0be986
    3. BiFi (BIFI) — Contract Address: 0x2791bfd60d232150bff86b39b7146c0eaaa2ba81
    4. Big Data Protocol (BDP) — Contract Address: 0xf3dcbc6D72a4E1892f7917b7C43b74131Df8480e
    5. Binance USD (BUSD) — Contract Address: 0x4Fabb145d64652a948d72533023f6E7A623C7C53
    6. BitDAO (BIT) — Contract Address: 0x1A4b46696b2bB4794Eb3D4c26f1c55F9170fa4C5
    7. Botto (BOTTO) — Contract Address: 0x9dfad1b7102d46b1b197b90095b5c4e9f5845bba
    8. Chrono.tech (TIME) — Contract Address: 0x485d17A6f1B8780392d53D64751824253011A260
    9. Coin98 (C98) — Contract Address: 0xae12c5930881c53715b369cec7606b70d8eb229f
    10. DappRadar (RADAR) — Contract Address: 0x44709a920fccf795fbc57baa433cc3dd53c44dbe
    11. DEXTools (DEXT) — Contract Address: 0xfb7b4564402e5500db5bb6d63ae671302777c75a
    12. DFX Finance (DFX) — Contract Address: 0x888888435fde8e7d4c54cab67f206e4199454c60
    13. Dope Wars Paper (PAPER) — Contract Address: 0x7ae1d57b58fa6411f32948314badd83583ee0e8c
    14. Drep [new] (DREP) — Contract Address: 0x3Ab6Ed69Ef663bd986Ee59205CCaD8A20F98b4c2
    15. Elastos (ELA) — Contract Address: 0xe6fd75ff38adca4b97fbcd938c86b98772431867
    16. Gemini USD (GUSD) — Contract Address: 0x056Fd409E1d7A124BD7017459dFEa2F387b6d5Cd
    17. Honey (HNY) — Contract Address: 0xc3589f56b6869824804a5ea29f2c9886af1b0fce
    18. Hopr Token (HOPR) — Contract Address: 0xf5581dfefd8fb0e4aec526be659cfab1f8c781da
    19. Index Cooperative (INDEX) — Contract Address: 0x0954906da0Bf32d5479e25f46056d22f08464cab
    20. Indexed Finance (NDX) — Contract Address: 0x86772b1409b61c639eaac9ba0acfbb6e238e5f83
    21. Jupiter (JUP) — Contract Address: 0x4b1e80cac91e2216eeb63e29b957eb91ae9c2be8
    22. Kromatika (KROM) — Contract Address: 0x3af33bef05c2dcb3c7288b77fe1c8d2aeba4d789
    23. LockTrip (LOC) — Contract Address: 0x5e3346444010135322268a4630d2ed5f8d09446c
    24. MATH (MATH) — Contract Address: 0x08d967bb0134f2d07f7cfb6e246680c53927dd30
    25. Monavale (MONA) — Contract Address: 0x275f5Ad03be0Fa221B4C6649B8AeE09a42D9412A
    26. Morpheus Labs (MITX) — Contract Address: 0x4a527d8fc13c5203ab24ba0944f4cb14658d1db6
    27. mStable Governance Token: Meta (MTA) — Contract Address: 0xa3bed4e1c75d00fa6f4e5e6922db7261b5e9acd2
    28. Muse (MUSE) — Contract Address: 0xb6ca7399b4f9ca56fc27cbff44f4d2e4eef1fc81
    29. Nest Protocol (NEST) — Contract Address: 0x04abeda201850ac0124161f037efd70c74ddc74c
    30. Opacity (OPCT) — Contract Address: 0xdb05ea0877a2622883941b939f0bb11d1ac7c400
    31. OpenDAO (SOS) — Contract Address: 0x3b484b82567a09e2588a13d54d032153f0c0aee0
    32. PARSIQ (PRQ) — Contract Address: 0x362bc847A3a9637d3af6624EeC853618a43ed7D2
    33. PolkaFoundry (PKF) — Contract Address: 0x8b39b70e39aa811b69365398e0aace9bee238aeb
    34. Polychain Monsters (PMON)— Contract Address: 0x1796ae0b0fa4862485106a0de9b654eFE301D0b2
    35. RAC (RAC) — Contract Address: 0xc22b30e4cce6b78aaaadae91e44e73593929a3e9
    36. SelfKey (KEY) — Contract Address: 0x4cc19356f2d37338b9802aa8e8fc58b0373296e7
    37. StackOS (STACK) — Contract Address: 0x56a86d648c435dc707c8405b78e2ae8eb4e60ba4
    38. StaFi (FIS) — Contract Address: 0xef3a930e1ffffacd2fc13434ac81bd278b0ecc8d
    39. Strike (STRK) — Contract Address: 0x74232704659ef37c08995e386a2e26cc27a8d7b1
    40. Student Coin (STC) — Contract Address: 0x15b543e986b8c34074dfc9901136d9355a537e7e
    41. SwftCoin (SWFTC) — Contract Address: 0x0bb217E40F8a5Cb79Adf04E1aAb60E5abd0dfC1e
    42. Sylo (SYLO) — Contract Address: 0xf293d23bf2cdc05411ca0eddd588eb1977e8dcd4
    43. TE-Food (TONE) — Contract Address: 0x2Ab6Bb8408ca3199B8Fa6C92d5b455F820Af03c4
    44. UnMarshal (MARSH) — Contract Address: 0x5a666c7d92E5fA7Edcb6390E4efD6d0CDd69cF37
    45. Wrapped Ampleforth (WAMPL) — Contract Address: 0xedb171c18ce90b633db442f2a6f72874093b49ef

    SPL tokens on the Solana network

    1. Apricot Finance (APT) — Contract Address: APTtJyaRX5yGTsJU522N4VYWg3vCvSb65eam5GrPT5Rt
    2. Bitspawn (SPWN) — Contract Address: 5U9QqCPhqXAJcEv9uyzFJd5zhN93vuPk1aNNkXnUfPnt
    3. Green Satoshi Token (GST) — Contract Address: AFbX8oGjGpmVFywbVouvhQSRmiW2aR1mohfahi4Y2AdB
    4. Media Network (MEDIA) — Contract Address: ETAtLmCmsoiEEKfNrHKJ2kYy3MoABhU6NQvpSfij5tDs
    5. Realy (REAL) — Contract Address: AD27ov5fVU2XzwsbvnFvb1JpCBaCB5dRXrczV9CqSVGb

    *This is not an exhaustive list of all assets under consideration. Any asset not referenced in the list does not preclude any such asset from potential listing.

    As a reminder, Coinbase recently introduced an Experimental label that may be applied to newly listed assets. Some of the assets mentioned above may be listed with this Experimental label.

    Disclaimer & Risks: There will be times when an asset is delayed or removed from consideration for listing for any number of factors. While we will try to make every reasonable effort to minimize this risk of occurrence, it should be understood that all information in this blog is in no way intended to be relied upon as a promise or guarantee of listing. Coinbase reserves the right to discontinue this blog post.

    Changelog

    Changes to our roadmap will be updated and communicated here regularly.

    • 4/12 Change name from Polkamon (PMON) to Polychain Monsters (PMON)

    Why are you considering listing these assets?

    As mentioned during our launch of Asset Hub, our goal is to list every asset possible that meets our standards for legal, compliance and technical security. These standards do not take into account the market cap or popularity of a project. This means there are assets that we have concluded do not meet our standards and thus will not be listed on Coinbase at this time.

    If we haven’t yet listed a popular asset, it is likely due to various reasons including:

    1. We have concluded that the asset does not meet our minimum listing standards across legal, compliance and technical security
    2. We do not have enough information about the asset
    3. Technical integration work is required

    Our review process is outlined in greater detail here.

    How do you choose which “types” of assets to support?

    We are working to add support for additional networks and ecosystems as we aim to provide the greatest inventory of assets to our users.

    Today we support 3 “types” of assets for trading on Coinbase:

    1. Native assets on their own network (recent examples include MINA and STX)
    2. ERC-20 tokens on the Ethereum network (recent examples include APE and GALA)
    3. SPL tokens on the Solana network (recent examples include ORCA and FIDA)

    Resources on listing criteria

    NOT INVESTMENT ADVICE

    The content is for informational purposes only, is general in nature and should not be relied upon or construed as legal, tax, investment, financial, a promise, guarantee, or other advice. Nothing contained herein constitutes a solicitation, recommendation, endorsement, or offer by Coinbase or its affiliates to buy or sell any cryptocurrency or other instruments in any jurisdiction in which such solicitation or offer would be unlawful under the laws of such jurisdiction. Additionally, Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Finally, Coinbase has a conflict of interest policy that prevents board members or Coinbase employees from being involved in a listing decision where they have a financial interest.

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  • Bitcoin encourages transparency, long-term thinking

    Bitcoin encourages transparency, long-term thinking

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    Twitter co-founder and Block (previously Square) CEO Jack Dorsey discussed the implications of a Bitcoin (BTC)-powered universal basic income (UBI) strategy with US congressional candidate and a full-time elementary school teacher, Aarika Rhodes. 

    “Obscurity of information forces and incentivizes people to negative (financial) behaviors that don’t work for them, their community or family,” said Dorsey while pointing out the lack of transparency within the existing centralized financial system.

    “If there’s one thing to focus on in Bitcoin — the operations are transparent, the code is transparent, the policy is transparent.”

    This base foundation of BTC is what Dorsey believes has the potential to solve numerous use cases and problems as a direct result of using fiat currency. Through business initiatives including Start Small, the entrepreneur has invested over $55 million across the United States and overseas to experiment on UBI.

    “We’re about to do a test of the UBI-like concept with Bitcoin as well.”

    Dorsey’s BTC-powered UBI experiment will involve creating a small-scale closed-loop community of sellers and merchants that adhere to the Bitcoin standards. Based on the happiness quotient and willingness to participate, he intends to identify use cases for wide-scale implementation.

    Rhodes strongly believes that involving Bitcoin will reduce the costs related to banking fees:

    “When you have something like Lightning (network), where you can transact at very low fees is a benefit for everyone. It doesn’t matter where are economically.”

    In terms of financial literacy, Dorsey said that adopting the Bitcoin standard inculcates long-term thinking, however, his skepticism toward a BTC-powered universal basic income will reduce based on the results portrayed by the ongoing experiments:

    “Just that action of owning it (BTC) will change people’s mindsets in fundamental ways that are net positive and compounds throughout their communities, and encourages other actions like sellers and merchants around them doing similar things.”

    Along with the benefits that come with the Bitcoin standard, Dorsey is also vigilant about its negative impacts. On an end note, he highlighted the inefficiencies within the government policies and how UBI helps address some of the challenges:

    “If you intend to help people by giving them money directly is far better than the money that the governments (federal and local) spends on these existing support structures. It’s not helping people.”

    Related: Jack Dorsey: Diem was a waste of time, Meta should’ve focused on BTC

    In a recent interview with MicroStrategy CEO Michael Saylor, Dorsey opined that Facebook (later rebranded as Meta) should’ve used an open-ended protocol like Bitcoin rather than attempting to create its own currency, Diem.

    As Cointelegraph reported, Dorsey added that making BTC more accessible would also benefit many of Meta’s instant messaging and voice-over-IP services such as Facebook Messenger, Instagram and WhatsApp.