Major Crypto exchange Coinbase Has Revealed Additional Listings This Week

ZkSync is a Layer-2 blockchain scaling solution on Ethereum that uses zero-knowledge rollups to provide faster and cheaper transactions on its network.

Cryptocurrency exchange Coinbase announced several new listings and updates on Monday, including the addition of zkSync (ZK) to its listing roadmap.

Coinbase revealed the latest token addition in a tweet on Monday. ZkSync is a Layer-2 blockchain scaling solution on Ethereum that utilizes zero-knowledge rollups to facilitate faster and more economical transactions within its network.

The addition of ZK to Coinbase’s listing roadmap follows the recent announcement of Moonwell’s (WELL) listing on Sept. 5.

Coinbase expands listing offerings

The exchange announced that CORE (CORE), Lido DAO (LDO), Safe (SAFE) and Velodrome Finance (VELO) are now available to New York residents in the Coinbase iOS and Android apps, enabling users to buy, sell, convert, send, receive or store these assets.

Moreover, the Polygon ecosystem token (POL) is now live on Coinbase in the Coinbase iOS and Android apps with the Experimental label. As reported, on Sept. 4, Polygon completed a major upgrade, which included the rebranding of its MATIC token to POL as the network token.

In this regard, Coinbase announced that Polygon PoS trading and send/receive support will be disabled on Coinbase from Aug. 26 to Sept. 10 to complete the ticker upgrade. Users are advised to not deposit Polygon MATIC, VOXEL, USDC, CBETH and WETH to Coinbase during this upgrade window. However, MATIC and POL on Ethereum are not affected.

Coinbase also announced that Gravity (G) is now available to Coinbase New York residents in the Coinbase iOS and Android apps.

Coinbase secures partial legal victory

A New York judge has partially granted Coinbase's request for documents from the United States Securities and Exchange Commission, according to a recent report.

The judge ordered the SEC to turn over important documents, such as internal memoranda on the "Howey Test," but denied the subpoena request for SEC Chairman Gary Gensler, the report noted.

The development was highlighted by Coinbase Chief Legal Officer Paul Grewal, who stated that the court ordered the SEC to produce important discovery in a tweet on Monday.

Coinbase's legal battle with the SEC over the classification of digital assets as securities has been ongoing for several months. In July, the cryptocurrency exchange filed a motion to compel Gensler and the SEC to produce records that Coinbase claims are crucial to its case with the agency.