Breaking: Binance Suspends Deposit and Withdrawal Services of Some Tokens Bridged via Multichain

By The Decentralized World | CryptoNow | 5 Jul 2023

Crypto giant Binance announced today that it will temporarily stop supporting deposits and withdrawals of some Multichain-bridged tokens via particular networks. The tokens include:

- 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
- Travala (AVA) via Ethereum Network
- Spell Token (SPELL) via Avalanche C-Chain
- Alpaca Finance (ALPACA) via Fantom Network
- Harvest Finance (FARM) via BNB Smart Chain

The decision will come into action, starting from 2023-07-07 00:00 (UTC) until further notice, while deposits were suspended before on 2023-05-24. This move happened after Multichain announced "some of the cross-chain routes are unavailable due to force majeure." The team behind the bridge also stated that it is unknown that when the service will resume.

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