Coinbase decides not to support ASI token migration amid AI protocol merger

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Coinbase News

Ai Ai Latest News,Ai Ai Headlines

Coinbase has opted out of supporting the migration of SingularityNet, Fetch.ai, and Ocean Protocol to form the new ASI cryptocurrency.

Coinbase has decided against facilitating the upcoming migration of SingularityNet, Fetch.ai, and Ocean Protocol AI tokens to the new Artificial Superintelligence Alliance cryptocurrency.

This process will first see a migration of SingularityNET's AGIX and Ocean Protocol's OCEAN tokens into Fetch.ai's FET, followed by transitioning the resultant combined FET tokens into the new Artificial Superintelligence Alliance cryptocurrency later in the month.However, on Wednesday, a Coinbase Assets X post said, "Ocean and Fetch.ai have announced a merger to form the Artificial Superintelligence Alliance .

"The ASI token merger will be compatible with all major software wallets," Coinbase Assets X account added. Coinbase Assets also emphasized that although it will not facilitate the migration, users can continue to trade FET and OCEAN tokens as usual until further notice.In March, Fetch.ai, SingularityNET, and Ocean Protocol, entered into an agreement to merge tokens to create the combined Artificial Superintelligence Alliance cryptocurrency.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in Aİ

Ai Ai Latest News, Ai Ai Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fetch AI (FET) and SingularityNET (AGIX) Merger Finally Coming TogetherAI token merger occurs as Artificial SuperIntelligence Alliance (ASI) gets roadmap
Source: Utoday_en - 🏆 295. / 63 Read more »

Fetch.ai, SingularityNET, Ocean Protocol Set Date for Artificial Superintelligence Alliance MergerJamie Crawley is a CoinDesk news reporter based in London.
Source: CoinDesk - 🏆 291. / 63 Read more »

SingularityNET announces ASI token merger dates for FET, AGIX, OCEANSingularityNET announces the ASI token merger dates for FET, AGIX, and OCEAN tokens, starting June 11 and finalizing June 13, to create a unified decentralized AI network.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Coinbase opts out of ASI token migration as $7.5B merger proceedsCoinbase will not facilitate the migration of AI tokens Ocean and Fetch.ai into ASI. Users can use self-custodial wallets for the $7.5 billion token merger.
Source: Cointelegraph - 🏆 562. / 51 Read more »

FET to begin ASI merger with AGIX and OCEAN on July 1Fetch.ai (FET) announced in an X post on Wednesday that it will begin the ASI token merger with Ocean Protocol (OCEAN) and SingularityNET (AGIX) on July 1.
Source: FXStreetNews - 🏆 14. / 72 Read more »