š° Binance Project News Brief | Nov 8, Morning
š¢ Positive
ā¢ Binance withdrawal update: CEO He Yiās team says it aims to reopen withdrawals for six assetsāHYPE, INJ, APT, PLASMA, NEAR, and LTCāby Nov 13 at the latest (next weekend). Withdrawals for all tokens will also gradually resume on BNB Smart Chain, Ethereum, Polygon, Arbitrum, and Optimism, where services are already operating.
ā¢ Binance says it has replenished approximately 98% of affected assets (as of Nov 4). Its latest Proof of Reserves covers 44 tokens.
š“ Negative
ā¢ Binance CFO Kaiser Ng has stepped down, with Justin Yek taking over. The change comes nine days after the Oct 29 hack. Binanceās co-CEO said the transition had been planned six months ago.
ā¢ Binanceās French operations will cease on Dec 31 because they have not obtained an EU MiCA license. Starting Nov 29, accounts that still hold assets will be charged a monthly management fee of 0.025% (minimum 10 USDC).
For holders: The withdrawal date for the six assets is still a ātarget,ā not a guarantee; check Binanceās network status page for updates. Users in France should withdraw their assets by Nov 29.
Information only; not investment advice. DYOR
#åøå® #BNB #CryptoNews
š¢ Positive
ā¢ Binance withdrawal update: CEO He Yiās team says it aims to reopen withdrawals for six assetsāHYPE, INJ, APT, PLASMA, NEAR, and LTCāby Nov 13 at the latest (next weekend). Withdrawals for all tokens will also gradually resume on BNB Smart Chain, Ethereum, Polygon, Arbitrum, and Optimism, where services are already operating.
ā¢ Binance says it has replenished approximately 98% of affected assets (as of Nov 4). Its latest Proof of Reserves covers 44 tokens.
š“ Negative
ā¢ Binance CFO Kaiser Ng has stepped down, with Justin Yek taking over. The change comes nine days after the Oct 29 hack. Binanceās co-CEO said the transition had been planned six months ago.
ā¢ Binanceās French operations will cease on Dec 31 because they have not obtained an EU MiCA license. Starting Nov 29, accounts that still hold assets will be charged a monthly management fee of 0.025% (minimum 10 USDC).
For holders: The withdrawal date for the six assets is still a ātarget,ā not a guarantee; check Binanceās network status page for updates. Users in France should withdraw their assets by Nov 29.
Information only; not investment advice. DYOR
#åøå® #BNB #CryptoNews