{"id":11624,"date":"2026-08-07T17:17:07","date_gmt":"2026-08-07T17:17:07","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=11624"},"modified":"2026-08-07T17:17:07","modified_gmt":"2026-08-07T17:17:07","slug":"lrc-usd-trading-halt-coinbase-keeps-withdrawals-open","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=11624","title":{"rendered":"LRC-USD Trading Halt: Coinbase Keeps Withdrawals Open"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Coinbase is scheduled to suspend LRC-USD trading on or around 2 p.m. ET on Aug. 7. If completed, the move would close a Coinbase-hosted dollar market while keeping customer balances accessible and withdrawals available.<\/p>\n<p>Coinbase\u2019s notice said the change covers Coinbase.com Simple and Advanced Trade, Coinbase Exchange and Coinbase Prime. As of press time, Coinbase still marked the incident as Monitoring and kept LRC-USD in limit-only mode. The exchange had not yet confirmed that the LRC-USD trading suspension was complete.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/05\/move-coinbase-1024x538.jpg\" alt=\"Coinbase delisting sends Movement's MOVE token to all-time low amid market-making scandal\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/05\/move-coinbase-1024x538.jpg\" alt=\"Coinbase delisting sends Movement's MOVE token to all-time low amid market-making scandal\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Coinbase delisting sends Movement&#8217;s MOVE token to all-time low amid market-making scandal<\/h3>\n<p>Movement Labs co-founder suspended amid investigation into suspicious market activities.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">May 2, 2025<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Oluwapelumi Adejumo<\/span><\/p>\n<\/div><\/div>\n<h2>Outside LRC-USD trading is thinner and concentrated<\/h2>\n<p>Loopring\u2019s own exchange is not an alternative. Its official homepage says the project has shut down and is no longer operational. The project\u2019s June 28 announcement said DEX trading would end immediately and the relayer would go offline.<\/p>\n<p>Loopring later reported that it had returned about $7.40 million in ETH and 72 ERC-20 tokens to 31,644 paid Ethereum mainnet addresses across 142 batches. It directed excluded smart-wallet cases to a manual recovery process with an Aug. 15 deadline.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/swellchain-bridge-risk-1024x576.jpg\" alt=\"Latest bear market victim shows how quickly DeFi users are left behind when crypto projects move on\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/swellchain-bridge-risk-1024x576.jpg\" alt=\"Latest bear market victim shows how quickly DeFi users are left behind when crypto projects move on\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Latest bear market victim shows how quickly DeFi users are left behind when crypto projects move on<\/h3>\n<p>Swell warned users to bridge out by June 23, turning a planned L2 shutdown into a test of user exit procedures.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Jun 24, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Liam &#8216;Akiba&#8217; Wright<\/span><\/p>\n<\/div><\/div>\n<p>Outside venues showed other markets before the scheduled Coinbase cutoff. Kraken listed LRC\/USD and LRC\/EUR, and its asset page supported LRC on Ethereum. OKX\u2019s U.S.-localized page displayed LRC\/USDT and LRC\/USDC. Those listings do not establish deposit, withdrawal or execution access for a specific user. Holders would still need to confirm network support, deposit availability and jurisdictional eligibility before transferring tokens.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/binance-blocked-1024x576.jpg\" alt=\"European crypto users are being paid to move before MiCA closes the door\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/binance-blocked-1024x576.jpg\" alt=\"European crypto users are being paid to move before MiCA closes the door\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">European crypto users are being paid to move before MiCA closes the door<\/h3>\n<p>OKX, Coinbase, Kraken and SwissBorg are using incentives to capture deposits from platforms facing MiCA restrictions.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Jun 27, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Oluwapelumi Adejumo<\/span><\/p>\n<\/div><\/div>\n<p> <img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-553129\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-0a787c3e-21cf-47bb-be9c-2e210795b514.png\" alt=\"Infographic showing Coinbase\u2019s scheduled LRC-USD trading cutoff, continuing withdrawals, Loopring\u2019s shutdown and concentrated outside market data as of Aug. 7, 2026.\" width=\"720\" height=\"900\"\/><img decoding=\"async\" class=\"lazyload aligncenter wp-image-553129\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-0a787c3e-21cf-47bb-be9c-2e210795b514.png\" alt=\"Infographic showing Coinbase\u2019s scheduled LRC-USD trading cutoff, continuing withdrawals, Loopring\u2019s shutdown and concentrated outside market data as of Aug. 7, 2026.\" width=\"720\" height=\"900\"\/><\/p>\n<div id=\"cs-inline-newsletter-6a7611ff41eab\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>The broader market was already concentrated. At about 10:50 a.m. ET, CoinGecko displayed LRC near $0.01031 and about $3.53 million in reported 24-hour volume across 46 exchanges and 55 markets. BitDelta accounted for 48.49% of displayed volume, but its row showed a 4.32% spread and $0 on both sides of the 2% depth metric. BitDelta, Paribu, WhiteBIT and BtcTurk together represented 74% of displayed volume.<\/p>\n<p>Price weakness also predated the scheduled halt. CoinGecko\u2019s UTC daily series shows LRC closing at $0.01081911 on July 7, down 13.9% from $0.01256454 on July 6, while reported volume rose from about $1.98 million to $2.41 million. The full-day figures cannot isolate trading after Coinbase\u2019s announcement or establish that the notice caused the decline.<\/p>\n<p>Coinbase\u2019s planned suspension does not freeze customer balances, but it would remove its dollar market while Loopring\u2019s DEX is offline and reported activity is concentrated on venues with uneven displayed depth. Withdrawals remain available under Coinbase\u2019s notice; using them requires a destination that supports LRC, the chosen network and the holder\u2019s jurisdiction.<\/p>\n<\/div>\n<p>Exchanges,Featured,Market,Trading,Coinbase,ethereum,Kraken,Loopring,OKX,Tether,USDCCoinbase,ethereum,Kraken,Loopring,OKX,Tether,USDC#LRCUSD #Trading #Halt #Coinbase #Withdrawals #Open1786123027<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase is scheduled to suspend LRC-USD trading on or around 2 p.m. ET on Aug. 7. If completed, the move would close a Coinbase-hosted dollar market while keeping customer balances accessible and withdrawals available. Coinbase\u2019s notice said the change covers Coinbase.com Simple and Advanced Trade, Coinbase Exchange and Coinbase Prime. As of press time, Coinbase<\/p>\n","protected":false},"author":1,"featured_media":11625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[84,31,4516,3053,6089,6090,2391,779,218,244,1582,909],"class_list":["post-11624","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-coinbase","tag-ethereum","tag-halt","tag-kraken","tag-loopring","tag-lrcusd","tag-okx","tag-open","tag-tether","tag-trading","tag-usdc","tag-withdrawals"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LRC-USD Trading Halt: Coinbase Keeps Withdrawals Open - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Coinbase plans to suspend LRC-USD trading while keeping withdrawals open; outside LRC markets remain thin and concentrated.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=11624\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LRC-USD Trading Halt: Coinbase Keeps Withdrawals Open\" \/>\n<meta property=\"og:description\" content=\"Coinbase plans to suspend LRC-USD trading while keeping withdrawals open; 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