DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Cryptocurrency Cryptonews

Binance Halts Transfers of Multichain-Linked Tokens Following May Incident – Here's the Latest

Starting July 7, 2023, Binance will cease to facilitate deposits and withdrawals of several cross-chain bridge tokens associated with the Multichain project across specified networks. This suspension will remain in effec...

Binance Halts Transfers of Multichain-Linked Tokens Following May Incident – Here's the Latest
Starting July 7, 2023, Binance will cease to facilitate deposits and withdrawals of several cross-chain bridge tokens associated with the Multichain project across specified networks. 
This suspension will remain in effect until further notice.
The decision to suspend support for these tokens comes after the recent issues with the Multichain (MULTI) protocol, leading to the earlier suspension of deposits for multiple Multichain-bridged tokens on May 24, 2023....
Read More: Binance Halts Transfers of Multichain-Linked Tokens Following May Incident – Here's the Latest

Original source

Read on Cryptonews

Related market context