🧵 1. Binance suspends 8 altcoins tied to Multichain after May incident. Deposits and withdrawals halted for Alchemy Pay, Spell Token, and 6 other projects. #crypto
🧵 1. Binance suspends 8 altcoins tied to Multichain after May incident. Deposits and withdrawals halted for Alchemy Pay, Spell Token, and 6 other projects. #crypto
🧵 2. Multichain faced an attack in May, resulting in suspension of tokens, says Binance announcement. No specific reason given for the halt in support.
🧵 3. Multichain's CEO reportedly missing following the incident. Unforeseeable circumstances led to multiple issues and server access problems.
🧵 4. Binance suspends tokens until further notice. Compensation plan for affected users to be announced later by Multichain. Stay updated for more information.
🧵 Read more at: https://dailyhodl.com/2023/07/05/binance-suspends-eight-altcoins-tied-to-bridge-protocol-multichain-after-may-incident/