Binance, the world's largest crypto exchange, plans to delist five tokens—Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX (OAX), and Ren (REN)—by December 10, citing non-compliance with industry standards. Trading pairs for these tokens will be removed, and related financial activities will cease by December 3. The announcement led to a sharp sell-off, with token prices dropping nearly 40%. Binance evaluates projects based on factors like development quality and liquidity. Users must withdraw tokens by December 12, as deposits won't be credited after December 11.
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