Coinbase Drops 49 Cryptos: Who’s Getting the Boot? 🚀

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So, Coinbase Prime—the fancy, all-in-one platform for trading, financing, and custody services—has decided to ghost 49 assets by the end of April. 🕵️‍♀️ Why? Because apparently, they’re on a never-ending quest to “streamline” and “maintain quality standards.” Translation: these cryptos didn’t make the cut. Tough luck, kids. 🎭

The news dropped via the official Coinbase Institutional account on X (you know, the app formerly known as Twitter). Their tweet was as corporate as it gets: “We regularly evaluate the assets we support to ensure they continue to meet our standards. Based on recent reviews, Coinbase Prime will end custody support for 49 assets, effective the end of the month.” Riveting stuff. 🥱

We regularly evaluate the assets we support to ensure they continue to meet our standards. Based on recent reviews, Coinbase Prime will end custody support for 49 assets, effective the end of the month.

View the full list of impacted assets here:

— Coinbase Institutional 🛡️ (@CoinbaseInsto) April 15, 2025

Included in the tweet was a list of the unlucky tokens. Among the casualties: VideoCoin (VID), Coffee Token (CFT), Sentinel Protocol (UPP), and—wait for it—Dorayaki (DORA). Yes, that’s a real crypto. No, it’s not a snack. 🍡

Coinbase Prime is pulling the plug on these 49 assets globally, so no jurisdiction is safe. It’s like a crypto purge, but with less drama and more spreadsheets. 📊

But Wait, There’s More! 🎉

In other news, KernelDAO (KERNEL) and Wayfinder (PROMPT) are now live on Coinbase. You can buy, sell, convert, send, receive, or store them. Basically, do everything except make them interesting. 🎲

Meanwhile, Gemini Dollar (GUSD) and GYEN (GYEN) are getting the boot on May 7, 2025, at around 2:00 p.m. ET. Media Network (MEDIA) is also getting axed on April 15, 2025, at the same time. It’s like Coinbase is Marie Kondo-ing its portfolio. Does it spark joy? No? Out it goes. 🗑️

On the flip side, Definitive (EDGE), doginme (DOGINME), and Keyboard Cat (Base) (KEYCAT) are now live on Coinbase. Because what the world really needed was a Keyboard Cat crypto. 🐱🎹

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2025-04-15 14:54