Track market-moving stories before they get noisy

Coinbase is cutting off trading for two tokens that have had a rough stretch. Badger DAO (BADGER) and Storj (STORJ) will both lose trading access on Coinbase starting September 28, 2026, at approximately 2 PM ET.

The announcement came on August 28, giving holders exactly one month to figure out their next move.

What the suspension actually means This is a trading suspension, not a full delisting. You can still reach your holdings and withdraw them. You just cannot place new trades. Coinbase transitioned both order books to limit-only mode immediately upon announcing the suspension, meaning market orders were shut off right away while limit orders and order matches remained temporarily active.

The suspension applies across Coinbase’s full product stack: coinbase.com’s Simple and Advanced Trade interfaces, Coinbase Exchange, and Coinbase Prime.

Coinbase frames these actions as routine housekeeping. The exchange periodically evaluates its listed assets against internal benchmarks covering liquidity and trading performance. This is not the first time Coinbase has done a sweep like this. Recent suspensions hit IOTX, IDEX, and LRC, sketching out a clear pattern: the exchange is tightening its roster, with lower-liquidity projects bearing the brunt.

Two different stories, one shared fate Badger DAO is a DeFi protocol that built its identity around Bitcoin yield products. Binance and Crypto.com both reduced support for BADGER in 2025, and those moves appear to have accelerated a slide in both liquidity and market attention.

Storj is a decentralized cloud storage network that distributes user data across a global network of independent operators rather than relying on centralized data centers. Storj Labs, the company behind the project, filed for Chapter 11 bankruptcy in July 2026, citing legacy liabilities. Chapter 11 is the reorganization variant of bankruptcy, not outright liquidation, and Storj Labs has indicated its decentralized storage network remains operational through the process.

The Coinbase suspension landing just two months after the bankruptcy filing is probably not a coincidence, though Coinbase has not cited the bankruptcy explicitly as a factor.

What holders should be thinking about The practical read for anyone holding BADGER or STORJ on Coinbase is straightforward: trading access ends September 28. Withdrawals remain available, so assets are not at risk of being locked. But the limit-only mode already in effect means price discovery is becoming thinner.

For STORJ, the backdrop of Storj Labs’ bankruptcy adds another layer of complexity. Equity holders in Storj Labs and STORJ token holders are technically different categories of stakeholder, but market psychology rarely draws that line carefully.

The broader pattern here is worth watching beyond just these two tokens. Coinbase’s recent string of suspensions points to an exchange actively curating its listing quality rather than chasing volume at all costs.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Upbit and Bithumb have announced, in a joint statement, that they have decided to delist Storj (STORJ), ThunderCore (TT), and JasmyCoin (JASMY).

South Korea’s leading cryptocurrency exchanges, Upbit and Bithumb, have announced in a joint statement that they have delisted Storj (STORJ), ThunderCore (TT), and JasmyCoin (JASMY). The exchanges stated that the tokens would be removed from their platforms due to unresolved issues that previously led to their inclusion on a trading alert list.

According to the announcement, trading support for STORJ, TT, and JASMY will end on September 14th at 09:00. Users will no longer be able to trade these tokens after this date. Exchanges emphasized that investors should complete any necessary transactions before the specified date to avoid potential losses.

Upbit and Bithumb periodically review the digital assets they list, evaluating criteria such as project development, trading volume, liquidity, community activity, transparency, and regulatory compliance. Projects that struggle to meet these standards are first placed on watchlists or trading alert lists to warn investors. If the problems persist, a delisting decision may be implemented.

Meanwhile, Coinone, another major South Korean cryptocurrency exchange, has also made a new announcement regarding Storj (STORJ). Coinone announced that the delisting review process previously initiated for STORJ has been extended. This means that the final decision regarding the token’s future on the platform will be made at a later date.

Following these developments, investors began closely monitoring the price performance of the relevant tokens and their trading volumes on exchanges. Delisting decisions by major exchanges in the cryptocurrency market can generally put downward pressure on prices in the short term.

Experts say investors should pay attention not only to price movements but also to statements regarding the technical development level of projects, the size of the ecosystem, and the regular review processes of exchanges. It is believed that these decisions made in the South Korean market could have significant consequences for the global visibility of the relevant projects.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Storj bought Valdi, a provider of high-performance cloud computing, for an undisclosed amount.The deal means that Storj can also offer GPUs to its enterprise clients.Storj, a crypto-backed cloud-storage platform, said it bought Valdi, a provider of high-performance cloud computing, to add graphics-processing-unit (GPU) computing for its enterprise clients.

The Valdi network comprises over 16,000 GPUs globally and provides on-demand processing that is used for artificial intelligence (AI) training in industries such as technology, research and life sciences, Storj said in a press release. Terms of the deal were not disclosed.

Surging demand for power and infrastructure from AI and high-performance computing firms (HPC) has seen some bitcoin BTC$61,650.42 miners pivot away from mining. Core Scientific (CORZ) recently signed a 12-year, 200 megawatt (MW) AI deal with cloud computing firm CoreWeave.

“Today’s enterprises demand new high-performance cloud solutions to innovate affordably and sustainably,” Storj chief revenue officer Colby Winegar said in the release.

Valdi aims to address the shortage of GPUs driven by the growth of the artificial intelligence market by allowing customers to use available GPU compute cycles in data centers across the world, Storj said.

“Valdi’s global network of data centers with high performance cloud compute is a natural extension of Storj’s distributed cloud and particularly exciting as our joint storage and GPU offering is optimized for Generative AI workloads,” Winegar said.

Related Assets