Additional clarification:
No one lost a verification badge today–If you received an email that your channel will no longer be verified, this was just an advanced notice & you can appeal
The checkmark has never appeared on YouTube mobile channel pages (this will be added soon)https://twitter.com/TeamYouTube/status/1174735005215420416 …
It is a form of validation for many youtubers who made it out of the nether regions of 2-digitK subs and to have it just be yoinked away and having celebs who dont even care about youtube, while these people work their asses off constantly, its disheartening...