Binance, the world's leading cryptocurrency exchange by trading volume, announced today that it has delisted six altcoins, including PowerPool's CVP. The delisting decision, effective from August 26, 2024, caused a significant drop in the value of these assets.

In response, the PowerPool team issued a statement expressing their surprise at the decision, noting that Binance had not provided specific reasons for delisting CVP. They emphasized their commitment to maintaining communication with Binance's post-listing team and detailed their efforts to meet all requested updates and reports. Despite their attempts to address any concerns and arrange a meeting with Binance, their efforts were met with delays and lack of response.

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