BNB
by BSCN
December 2, 2022
The moving signals what appears to be a growing trend of platforms moving away from BUSD and BNB Chain deposits.
Crypto.com DeFi wallet has suspended access to BNB Chain deposits. The suspension includes all BEP-20 tokens, including BNB, BUSD, and more.
Users attempting to deposit funds as early as Monday, November 28, are told to have seen problems. Sources close to BSC News confirmed that the BEP-20 USDC withdrawals are currently the easiest way to reroute your funds.
There has been no confirmation from Crypto.com through social media.
Crypto.com is not the first platform to suspend BNB Chain connected deposits in recent days. Poloniex suspended BNB Chain-related stablecoins the last week of November. Other platforms like Kucoin and Gate.io are also rumored to be heading in that direction.
Crypto.com is a cryptocurrency exchange that was started operating in 2016. It has extended its reach to over 10 million users within 5 years. The platform was founded by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, with its headquarters in Hong Kong. In addition to the cryptocurrency application, the platform also runs the Crypto.com Visa card, one of the world’s largest cryptocurrency card programs, the exchange, and a DeFi wallet. The exchange operates across 3 continents, the Americas, Europe, and Asia.
For more information about the project:
Website | Twitter | Medium | Linkedin | Discord | Telegram | Reddit | Kakao |
Latest News
3h : 40m ago
KAS Review: Understanding Kaspa's Native Coin
6h : 55m ago
Pi Network (PI) vs Ice Blockchain (ICE): Mobile Mining Powerhouses
9h : 55m ago
Why is PI Network (PI) Down Today? Price Analysis
10h : 10m ago
Sidra Chain Deepdive: Reshaping Shariah-Compliant Finance
10h : 25m ago
The Role of Smart Contracts in Building Trustworthy Digital Economies
11h : 55m ago
What is Pi Open Network?
12h : 55m ago
Cronos Just Reversed a $5.6B Token Burn—Here’s What Happened
15h : 10m ago
Offchain Labs & Foundation's New Initiative: What is Onchain Labs?