Cryptocurrency exchange Binance has announced that it will stop supporting deposit and withdrawal services for a range of multichain tokens, as of July 7, 2023.
Binance officially mentioned in its blog that the tokens affected by the decision are Polkastarter (POLS) via BNB Smart Chain, Alchemy Pay (ACH) via BNB Smart Chain, Beefy.Finance (BIFI) via Fantom Network, SuperVerse (SUPER) via BNB Smart Chain, and Travala (AVA) via Ethereum Network. Spell Token (SPELL) via Avalanche C-Chain, Alpaca Finance (ALPACA) via Fantom Network, and Harvest Finance (FARM) via BNB Smart Chain.
This news comes after deposits for several tokens were suspended via the Multichain Protocol earlier on May 25, 2023, after days of halted transactions that raised uncertainty surrounding the Multichain Protocol.