Bitcoin Forum

Economy => Exchanges => Topic started by: bbc.reporter on April 13, 2022, 12:54:06 AM



Title: Increasing transparency for new asset listings on Coinbase
Post by: bbc.reporter on April 13, 2022, 12:54:06 AM
In the article, Coinbase has a list of 50 projects which are under consideration to be listed in the exchange. From this list, I reckon there might be only 5 projects or less good enough to be listed in Coinbase. What does everyone speculate Coinbase will list?

In any case, I am bagholding MEDIA. I hope it will be chosen and will cause the Coinbase listing pump so I can sell hehehehe.



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.


Read in full https://blog.coinbase.com/increasing-transparency-for-new-asset-listings-on-coinbase-e06f2edb095e


Title: Re: Increasing transparency for new asset listings on Coinbase
Post by: dkbit98 on April 29, 2022, 10:56:22 AM
Coinbase exchange introduced new analytics tool called Coinbase Tracer that is created to deal with compliance issues.
They are now using risk score for addresses, looking at connection with exchanges, custodians and if no kyc is connected with specific address.
Addresses are connected with real life entities and used for signaling about anti terror financing and AML flags.
According to one screenshot they posted it appears that every address that is no-kyc connected with real life identity now has medium risk!

https://i.imgur.com/S5oZ5qO.jpg
https://blog.coinbase.com/introducing-coinbase-intelligence-crypto-compliance-at-scale-f58daa949082


Title: Re: Increasing transparency for new asset listings on Coinbase
Post by: hugeblack on April 29, 2022, 04:38:26 PM
After the listing of Coinbase's shares on the stock exchange, we saw more transparency, although it is not a good thing, but the central platforms get a lot of information and may contribute to the manipulation that sometimes occurs.
If we compare Binance and coinbase in listing policies, Coinbase is better, But does anyone know any information about the assets that will be listed? It's the first time I've heard all of them.


Title: Re: Increasing transparency for new asset listings on Coinbase
Post by: bitmover on April 29, 2022, 05:21:14 PM
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).

This is going to reduce volatility a bit  , but now people will speculate about which assets are going to be listed in the consideration lists. Then, which will go from consideration to real listing.

There is no way to "stop" this volatility, neither the problems related to insider information.

If someone discover that an asset will be listed there (or go to the consideration list), then he can make money out of it.

Coinbase exchange introduced new analytics tool called Coinbase Tracer that is created to deal with compliance issues.
They are now using risk score for addresses, looking at connection with exchanges, custodians and if no kyc is connected with specific address.
Addresses are connected with real life entities and used for signaling about anti terror financing and AML flags.
According to one screenshot they posted it appears that every address that is no-kyc connected with real life identity now has medium risk!

It is a good idea to avoid using that in your own addresses.  It is very likely that coinbase will keep IP logs of searches.


Title: Re: Increasing transparency for new asset listings on Coinbase
Post by: stompix on April 29, 2022, 05:45:21 PM
This is going to reduce volatility a bit  , but now people will speculate about which assets are going to be listed in the consideration lists. Then, which will go from consideration to real listing.
There is no way to "stop" this volatility, neither the problems related to insider information.

It won't do much to volatility, they are just reducing the numbers of bets traders can take on coins that might be accepted, the ones left on that list will still attract a lot of, plus it will still be open to manipulation, imagine knowing with just 5 minutes in advance what Coinbase is going to post on this blog, not even mentioning how they themselves would take advantage of this.
It's just another episode of the "going to be listed on CMC" madness when every altcoin that managed to pay the fee to get listed there jumped in price immediately, then it switched to Binance listings and now Coinbase is a bit too late to the game.

True transparency would be to publish the criteria and the scoring before you take the decisions, so that traders know what to expect, not after!


Title: Re: Increasing transparency for new asset listings on Coinbase
Post by: mindrust on April 29, 2022, 05:51:10 PM
But does anyone know any information about the assets that will be listed? It's the first time I've heard all of them.

Sounds like they bought them assets beforehand and going to dump on the newcomers. If the listed assets are not known, that's the only possibility that comes to my mind. Owning a crypto exchange has these luxuries. You can create a premined coin, pump it artificially and then dump on the poor bastards that dream of lambos. The oldest trick in the book.


Title: Re: Increasing transparency for new asset listings on Coinbase
Post by: bbc.reporter on April 30, 2022, 04:30:12 AM
After the listing of Coinbase's shares on the stock exchange, we saw more transparency, although it is not a good thing, but the central platforms get a lot of information and may contribute to the manipulation that sometimes occurs.
If we compare Binance and coinbase in listing policies, Coinbase is better, But does anyone know any information about the assets that will be listed? It's the first time I've heard all of them.

I have heard of only Media, Stepn in Solana, the stablecoins and the tokens of Defi services Dappradar and Dextools. There others appear to be going to obscurity or will go to obscurity in the next bear market.

In any case, the chosen token by Coinbase is Stepn. It is the first project to release a token for the cryptospace's new move to earn storyline where users walk, jog and run to earn tokens. This is yield farming through exercising hehehe.


Title: Re: Increasing transparency for new asset listings on Coinbase
Post by: Husires on April 30, 2022, 06:41:07 PM
ADDing tokens to that list is enough to pump their price, and any rumor can take care of this, especially since the market capacity is low and the amount of 100 thousand dollars will lead to crazy speculation.

I can understand a list of 5-7 coins and the top three are chosen but the developers may have paid Coinbase to put their name on that list and they are already sure they won't be listed.

There is no increase in transparency in publicly discussing such new asset listings.