Binance Pulls The Plug: Token Deposits Suspended Due To Multichain Mayhem

Cryptocurrency exchange Binance has temporarily halted deposits of 10 specific tokens Thursday, a move prompted by ongoing problems with the Multichain Bridge initiative. Tokens impacted by this suspension are primarily used on the BNB Smart Chain (CRYPTO: BNB), Fantom (CRYPTO: FTM), Ethereum (CRYPTO: ETH), and Avalanche (CRYPTO: AVAX) blockchain networks. The list includes tokens like AVA-ETH, SPELL-AVAXC and FTM-ETH. Binance stated that deposits of these digital assets on alternative networks are unaffected, and users ...Full story available on Benzinga.com