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Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before Deadline

Crypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer…

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Okx Ceases Crypto Trading Services in Hong Kong — Users Advised to Withdraw Assets

Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services…

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Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues

Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network.…

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Crypto Exchange Bitrue Suffers $23 Million Hack

Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct…

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