Binance made important announcements for TRON Network (TRX) and Origin Protocol (OGN). TRX transactions will be suspended on the morning of June 23 due to wallet maintenance.
Binance suspends TRX transactions due to wallet maintenance
The leading cryptocurrency exchange announced that it will perform wallet maintenance for TRON Network (TRX) on June 23. Accordingly, the maintenance will take about an hour. Meanwhile, token transactions on the TRON Network (TRX) will not be affected by the wallet. Deposits and withdrawals on TRON Network (TRX) will be suspended on June 23 at 09:00. Deposits and withdrawals will be reopened after the maintenance is complete.
#Binance will perform wallet maintenance for the @trondao $TRX network starting from June 23, 05:55 UTC.
Deposits and withdrawals will be temporarily suspended and will reopen once the maintenance is complete.https://t.co/EsevhXTIhq
— Binance (@binance) June 20, 2022
The exchange supports the Origin Dollar Governance (OGV) airdrop for Origin Protocol (OGN) investors. The final record time will be determined by the OGN team. This registration will take place between 03:00 on 5 July and 03:00 on 12 July. BinanceMargin will then suspend isolated margin borrowing for OGN/USDT and OGN/BTC, effective July 5 at 03:00. After the transaction is registered, the exchange will continue to borrow isolated margin for these pairs.
#Binance will support the Origin Dollar Governance $OGV Airdrop for @OriginProtocol $OGN holders.https://t.co/Gir42kknJn
— Binance (@binance) June 20, 2022
Binance has added new HNT and PAXG trading pairs to the cross margin, and FIRO and PAXG as new loanable assets to the isolated margin.
- New cross margin pairs: HNT/BUSD, PAXG/BUSD
- New isolated margin pairs: FIRO/BUSD, PAXG/BUSD
#Binance adds $HNT, $PAXG Cross Margin pairs and $FIRO, $PAXG on Isolated Margin.https://t.co/jR0HaCOfPw
— Binance (@binance) June 20, 2022
Leading cryptocurrency exchange supports BNB Smart Chain (BEP20) network upgrade and hard fork. The BNB Smart Chain (BEP20) network upgrade and fork will take place at approximately 11:00 am on June 22. Deposits and withdrawals on the BNB Smart Chain (BEP20) network will be suspended from 10:00 am on 22 June.
Meanwhile, transactions of tokens in the BEP20 network will not be affected during the network upgrade and hard fork. cryptocoin.comWe will be posting future updates.
#Binance will support the BNB Smart Chain (BEP20) network upgrade & hard fork.https://t.co/eOFxGLVesP
— Binance (@binance) June 20, 2022
Borsa announced that it will expand its staff
Unlike Coinbase, which laid off 1,100 employees on Tuesday, Binance announced the acquisition of 6,000 yen jobs. In February, the stock market announced that it had invested $200 million in Forbes. Meanwhile, the deal is not yet closed. But CZ says the company is still subject to the deal.
Meanwhile, the exchange has committed to invest $500 million for Elon Musk to buy the platform. On this matter, CZ says he and Musk briefly discussed it via texts on the encrypted messaging app Signal.
While this deal is still in question, CZ said he believes Twitter could be a potentially very lucrative investment for Binance:
It is probably the most important free speech platform we have today. By the way, I use Twitter a lot more than I use Binance.
