Binance Temporarily Suspends Transactions of 8 Altcoins Due to Multichain Issues

According to the announcement made in May, the issues with the Multichain (MULTI) bridge project, which shook the crypto market, have led Binance to act cautiously. The giant crypto exchange had announced that deposit operations were suspended for 10 bridged altcoins on certain networks. Recently, Binance announced that both deposit and withdrawal operations would be suspended for 8 of the altcoins on the said list on certain networks until the next announcement. Altcoins Affected by the Decision The world’s largest crypto exchange by volume, Binance, cited problems with the Multichain bridge project as a reason for suspending both deposit and withdrawal operations for 8 bridged altcoins from July 7, 03:00, until the next announcement. The decision affected BNB Smart Chain, Fantom Network, Ethereum, and Avalanche C-Chain networks. According to the announcement, the bridged altcoins and networks for which deposit and withdrawal operations were suspended are as follows; Polkastarter (POLS) – […] The post Binance Temporarily Suspends Transactions of 8 Altcoins Due to Multichain Issues appeared first on COINTURK NEWS.