.binance will delist three Serum (SRM) trading pairs on Monday as liquidity dries up following the collapse of FTX. Reporting by oknightcrypto.
The exchange will terminate trading of the SRM/BNB, SRM/BTC and SRM/USDT trading pairs on Nov. 28.
Serum is a Solana-based decentralized exchange protocol that was championed by FTX since its inception, with the defunct exchange awarding SRM tokens to traders in the form of a weekly airdrop., raising concerns about the future of the project.the following day to protect itself against a hack that took place on FTX, the token subsequently rallied by over 250%., although the token is still listed on Kraken, Kucoin and Gate.io.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance deploys $1 billion to keep crypto industry afloat after FTX collapseBinance said it may increase that amount to $2 billion at a point in time in the future 'if the need arises.'
Read more »
Binance CEO Changpeng Zhao: FTX will set crypto back, but the industry will become healthierBinance CEO Changpeng Zhao joins CNBC's 'Squawk Box' to discuss the collapse of crypto exchange FTX and what it could mean for the crypto industry.
Read more »
SEC Sued By Crypto-Focused Law Firm, Nouriel Roubini Tweets Sarcastic CommentLegal complaint has been filed against the SECgov by crypto-focused law firm Hodl Law PLLC. Nouriel CalvinAyre Ripple XRP
Read more »
What Is a Crypto Exchange Token and How Did It Help Blow up FTX?The FTT exchange token was key to bringing down FTX, davidzmorris writes. But what are exchange tokens for – and are they a systemic risk to other crypto exchanges? Opinion for 'The Node' newsletter.
Read more »
Fidelity sticks with bitcoin 401(k) offerings despite crypto turmoil -- but why?OPINION: If people blow their retirement savings due to the crypto bust, the rest of us will end up having to foot some of the bill to help support them in their senior years.
Read more »
FTX Contagion Revives Dreaded 2022 Crypto Knell – The ‘Withdrawal Halt’In crypto in 2022, the phrase 'halting withdrawals' is like black smoke billowing out of a building. The collapse of Sam Bankman-Fried's FTX exchange has pushed the list of announcements to 16 this year _jocelynyang_ reports
Read more »