According to BlockBeats news, on November 20, according to feedback from the IoTeX community, many trading platforms including Binance, MEXC, etc. have suspended the withdrawal channel from $IOTX to the IoTeX main network. Binance stated that “withdrawals will be temporarily suspended during the period of replenishing hot wallets.” .
This large-scale suspension of currency withdrawals may be related to the meme $DePINs on the IoTeX chain and the DePIN Super Ecological Season event jointly promoted by IoTeX and OKX. As the leading infrastructure platform of DePIN, its on-chain meme $DePINs has continued to rise due to the popularity of the DePIN concept. During the same period, the APR of the DeFi platform in on-chain activities was as high as 600%, attracting the attention of many users.
The suspension of currency withdrawals may be restored within a day, and current users can still participate through on-chain cross-chain bridges and other methods.
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<p>The post Perhaps due to the popularity of memes and on-chain activities, IOTX has suspended currency withdrawals on multiple trading platforms. first appeared on CoinBuzzFeed.</p>
