Bitcoin

<p><em><strong>MobileCoin, which received $29.7 million in funding from Binance Labs in 2018, is currently facing removal from the trading platform.</strong></em></p><h2 id="header-0">Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>Binance shared in a <strong><a href="https://www.binance.com/en/support/announcement/binance-will-delist-drep-mob-pnt-on-2024-04-03-1e531578a30c46eebf52c8dae3c56092" rel="noopener noreferrer nofollow">press release</a></strong> on March 20th that they plan to remove three tokens from their platform for the benefit of their users and to keep up with changes in the market. These tokens are MobileCoin (MOB), DREP (DREP), and pNetwork (PNT).</p><h3 id="binance-plans-delisting-of-mobilecoin-due-to-regulatory-changes">Binance Plans Delisting of MobileCoin Due to Regulatory Changes</h3><p><a href="https://cryptosheadlines.com/binance-removes-several-aud-trading-pairs-delisting-announcement/" rel="noopener noreferrer nofollow">Binance announced plans to remove</a> MobileCoin (MOB), DREP (DREP), and pNetwork (PNT) from its trading platform, aiming to provide better service and protection for its users and to respond to the changing dynamics of the market. Although <a href="https://cryptosheadlines.com/binance-delists-ltc-and-doge-perpetuals-with-catch/" rel="noopener noreferrer nofollow">Binance did not specify the exact reasons for these delistings</a>, it highlighted several factors that typically guide such decisions.</p><p>These include compliance with new regulatory standards, the quality of public communication by the token issuers, and their contributions towards a sustainable and healthy cryptocurrency ecosystem. The exact cause for MobileCoin’s removal, however, was not disclosed. Trading for the affected tokens will halt on April 3 at 03:00 UTC.</p><p>MobileCoin’s relationship with Binance is notably significant. In 2018, Binance Labs, the venture arm of the exchange, <a href="https://cryptosheadlines.com/bitcoin-voucher-provider-azteco-raises-6-million-in-funding-round-led-by-jack-dorsey/" rel="noopener noreferrer nofollow">led a funding round that saw MobileCoin raising $29.7 million</a> by selling 37.5 million tokens. At that time, Binance Labs recognized MobileCoin as playing an essential role in promoting widespread adoption of cryptocurrencies, sharing a vision for the future of the industry with the MobileCoin team. Whether Binance or any related entities still hold MOB tokens remains uncertain.</p><p><a href="https://cryptosheadlines.com/big-profits-for-altcoins-xrp-luna-and-floki-stand-out/" rel="noopener noreferrer nofollow">Also Read:   Big Profits for Altcoins: XRP- LUNA and FLOKI Stand Out</a></p><h3 id="mobilecoin-price-plummets-following-binance-delisting-announcement">MobileCoin Price Plummets Following Binance Delisting Announcement</h3><p>After <a href="https://cryptosheadlines.com/binance-announces-suspension-of-crypto-services-in-japan-by-november-30/" rel="noopener noreferrer nofollow">Binance announced</a> its decision to delist MobileCoin (MOB), the cryptocurrency’s value took a significant hit, dropping by nearly 55% to $0.1491, as reported by CoinMarketCap.</p><h2 id="header-1">Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><blockquote>MobileCoin, known for prioritizing user privacy, was created in 2017 by Joshua Goldbard, a former engineer at Signal. As CEO, Goldbard <a href="https://cryptosheadlines.com/ai-crypto-projects-lead-transformation-by-revolutionizing-through-blockchain/" rel="noopener noreferrer nofollow">leads the project</a>, which is distinguished by its use of advanced encryption methods to protect user transactions and privacy. Moreover, MobileCoin is <a href="https://cryptosheadlines.com/x-ceo-confirms-payments-integration-doge-in-the-mix/" rel="noopener noreferrer nofollow">integrated for in-app payments</a> in applications like Signal and Mixin Messenger, enhancing its utility and user experience.</blockquote><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Binance Mulls Delisting MobileCoin

Table of Contents

CryptosHeadlines.com

Other articles published on Mar 20, 2024

Bitget Wallet Reaches 20 Million Users, Becoming the Fourth Largest Global Web3 Wallet (20 Mar)

Stader (SD) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

DeFi Turmoil: Over $5 Million Wiped Out In Liquidations Amid Ethereum Price Drop

Greenpeace Claims To Expose The Bitcoin ‘Puppet Masters’

Algotech (ALGT) Set to Dominate the Cryptocurrency Market Alongside Solana and Pyth Network in 2024

The Dollar Era is Over! The Bitcoin Era has Begun! BTC Purchases Have Peaked in This Country!

Join our free newsletter for daily crypto updates!