Coinbase Delists Badger DAO and Storj, Trading Halted on September 28

Coinbase will halt trading for Badger DAO (BADGER) and Storj (STORJ) on September 28 at 2:00 p.m. ET, citing routine monitoring of its listed assets.

The move affects trading pairs including BADGER-USD, BADGER-USDT, STORJ-USD, and STORJ-USDT.

Exchanges like Coinbase regularly review their tokens to ensure they meet listing standards, which may include low trading volume, lack of developer activity, regulatory concerns, or failure to keep up with evolving compliance standards.

The delisting signals a potential loss of liquidity and visibility for the tokens, particularly for BADGER, which focuses on bringing Bitcoin into decentralized finance (DeFi), and STORJ, which powers a decentralized cloud storage network.