Binance Terminates Support For 8 Multi-Chain Bridged Tokens

Binance Terminates Support For 8 Multi-Chain Bridged Tokens

World’s biggest cryptocurrency exchange, Binance, has announced it is ceasing support of deposits and withdrawals for an array of Multichain-bridged tokens starting from July 7, 2023. 
On May 25, Binance initially suspended the deposit of 10 Multichain-bridged tokens due to days-long delays in transaction time on the Multichain protocol.
A few days later, the debacle worsened when Multichain announced it could not contact its CEO Zhaojun.
As a result of its CEO being inaccessible, the team behind Multichain stated they couldn’t obtain the necessary server keys for the maintenance of some nodes, which affected the cross-chain operations of various networks, including ONUS, Omax, Findora, etc. 
Binance Halts Support For Multichain-Bridged Tokens On Certain Chains
In its latest update today, July 5, Binance stated that its trading platform will no longer support certain tokens, including 8 Multichain-bridged cryptocurrencies. 
These included Polkastarter (POLS) via BNB Smart Chain

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