More details here ??https://t.co/CL7V8UeT9l
— BINANCE (@binance) July 5, 2023
Polkastarter (POLS), Alchemy Pay (ACH) among affected tokens
Binance says in the notice to users that the deposits and withdrawals pause will impact different networks, including BNB Smart Chain, Fantom, Ethereum and Avalanche C-Chain. In particular, Multichain-bridged tokens that users can no longer transfer via the above chains are:
Polkastarter (POLS), Alchemy Pay (ACH), and SuperVerse (SUPER) and Harvest Finance (FARM) on the BNB Smart Chain; Alpaca Finance (ALPACA) and Beefy.Finance (BIFI) tokens that are minted on Fantom Network; Spell Token (SPELL) on Avalanche C-Chain and Travala (AVA) on the Ethereum bridge.
Although the Binance did not provide specific details on why its ceasing support for the above bridge tokens, it highlights that the move as related to the earlier suspension of several Multichain bridge tokens.
On May 24, the crypto giant announced a temporary suspension to multiple tokens after an incident involving Multichain bridge transfers.
While deposits and withdrawals for the above tokens are suspended on Binance via the listed chains, users can still access these transfers via other Binance-supported network, the exchange reiterated.
