Coinbase Markets said it regularly reviews assets listed on the exchange to make sure they continue to meet listing standards. Based on a recent review, Coinbase said it will suspend trading in IoTeX (IOTX) at about 2 p.m. ET on Sept. 23, 2026. The notice was reported by ChainCatcher.
IOTX climbed after Binance restored full services following the ioTube bridge exploit. IoTeX says the bridge hack caused about $4.4 million in losses, while the team upgraded the network and launched a full compensation program for affected users.
Binance said it will remove 20 spot trading pairs and end related Spot Trading Bot services at 11:00 AM on February 6, 2026, citing liquidity, trading volume, and user interest in its review process.
Bedrock’s BR token is now live on Binance Alpha for early trading and airdrops. Eligible users can claim 225 BR, while the token trades near $0.15 after a 26.95% weekly decline.
IoTeX confirmed a security breach involving a compromised private key that drained $4.3M in tokens. The stolen funds were swapped to ETH and partially bridged to Bitcoin. IOTX fell 8% in 24 hours. The team is tracing funds with exchanges and security partners, while experts warn of lasting trust and liquidity damage.
IoTeX's cross-chain bridge contracts were compromised via leaked private keys, draining about $2 million in USDC, USDT, IOTX, WBTC and other assets. The team says risks are contained and operations should resume within 24-48 hours.
Once a guaranteed price rocket, new Binance listings now show only fleeting gains. As the exchange doubled its listing frequency in May, the 'Binance bounce' has transformed into a flash pump-and-dump, with tokens like Civic and IOTX retracing gains within hours. Trader fatigue and bot predictability are eroding the exchange's magic touch.
Once a guaranteed price rocket, Binance new coin listings now cause only short-lived pumps followed by rapid drops. Increased listing frequency—from four to eight per month—has led to trader saturation and mechanical trading bots losing edge, echoing earlier trends on KuCoin.
