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Coinbase Listed a New Altcoin Yesterday, But It Caused Major Controversy! Here Are the Details…

NBTCBy NBTC03/08/2025No Comments2 Mins Read

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Coinbase, the largest cryptocurrency exchange in the United States, continues its altcoin listings at a rapid pace, and lastly, last night, it announced that it would list the altcoin ResearchCoin (RSC) on the Base network.

Following this listing news, the price of ResearchHub’s reward token, ResearchCoin (RSC), has surged, increasing by approximately 12% in the last 24 hours.

Coinbase’s listing of ResearchCoin has sparked controversy, with RSC expressing concerns on social media about a potential conflict of interest with Coinbase CEO Brian Armstrong.

ResearchHub is a project founded in 2019 by Coinbase CEO Brian Armstrong and scientist Patrick Joyce, which rewards scientists with ResearchCoin for publishing content.

While Coinbase’s listing of ResearchCoin sparked debates over interests, Coinbase made a statement on the matter from its official X account.

Coinbase flatly denied these concerns, writing:

“ResearchCoin has no affiliation with Coinbase.

ResearchHub is personally funded and co-managed by Brian Armstrong, which is separate and independent from his responsibilities at Coinbase.

Additionally, Brian Armstrong does not participate in Coinbase’s listing review or approval process.”

ResearchCoin (RSC) is an independent research organization and not affiliated with Coinbase. ResearchHub is funded and co-led by Brian Armstrong in his personal capacity, separate and distinct from his responsibilities at Coinbase. Brian is not a reviewing or approving member of…

— Coinbase Assets 🛡️ (@CoinbaseAssets) July 30, 2025

*This is not investment advice.

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