Binance Suspends Multichain-Linked Tokens Amidst Protocol Issues.

Binance, one of the leading cryptocurrency exchanges, has recently made the decision to suspend deposits and withdrawals of certain cross-chain bridge tokens associated with the Multichain project across specified networks. This temporary suspension, effective from July 7, 2023, until further notice, is a response to the ongoing issues encountered within the Multichain (MULTI) protocol. It comes as a continuation of the previous suspension of deposits for Multichain-bridged tokens that took place on May 24, 2023.