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From Cryptoglobe
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Popular cryptocurrency exchange Kraken has recently decided to sarcastically mock leading US-based exchange Coinbase over its announcement that it is “considering” adding five different cryptocurrencies.

As CryptoGlobe reported, Coinbase recently announced it’s looking into Cardano (ADA), the Brave browser’s Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) and 0x (ZRX). The company at the time revealed:

We are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets.

Coinbase
This, presumably, because of the Bitcoin Cash listing fiasco that saw various users accuse Coinbase of insider trading, as the cryptocurrency’s price pumped shortly before an official announcement revealed it was getting listed on the exchange was published.

Regarding the five tokens, Coinbase emphasized it hasn’t yet received approval from regulators in the US to list these tokens, as some may be considered securities. As covered, US Securities and Exchange Commission (SEC) chairman Jay Clayton only clarified decentralized cryptocurrencies like bitcoin and ethereum aren’t considered securities.
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Read more: https://www.cryptoglobe.com/latest/2018/07/kraken-mocks-coinbase-s-announcement-considering-various-coins/

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I thought this was some brilliant satire of the latest news out of Coinbase that did seem kind of weird.  Why announce specific coins that  you are contemplating but not committed to listing?  Why not just shut up while you make your decision.  The reasons I can think of involve various forms price manipulation for reaping profits.

<h4>Leave your thoughts in the comments below.</h4>

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