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RE: News from Coinbase
FYI: ERC20 tokens will float on GDAX first. If it passes their new asset framework and liquidity test, then it will go on Coinbase. Pretty sure they are going with ERC20 to standardize things. Plus, there's a recovery function within ERC20. They are probably sick of their support staff getting clogged up with people complaining that they sent tokens to wrong addresses. Think they need to worry about Binance not COSS. A lot of people don't know that Binance is heavily backed Sequoia Capital ($300+ million).
Can you elaborate more about Binance?
What do you want to know? They are backed by the worlds greatest VC. They have the most talented technical team in the space. They make a ton of money. They provide great support. Once they delist a bunch of tokens which they are doing, they may come to America and crush coinbase. If they want to raise more VC funding all they need to do is snap their fingers. I’m sure they have a list who are begging to get in on their next institutional round.