Coin

<ul class="news-points"> 
 <li>Binance announced the retirement of selected deposit addresses and memos, to upgrade wallet infrastructure.</li> 
 <li>Binance.US experiences a decline in market share, dropping below one percent.</li> 
 <li>Binance advised impacted users to acquire new addresses and memos for migration.</li> 
</ul> 
Earlier today, the world’s leading <a href="https://coinedition.com/tag/binance-news/">crypto exchange Binance</a> announced that it will retire selected deposit addresses and memos in batches by networks from July to September. The move comes as a measure to upgrade the Binance wallet infrastructure, enabling better efficiency and fund security for users. 
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 <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> will be retiring selected deposit addresses and memos in Q3. This will be done in accordance with upgrading efforts to provide better efficiency and fund security for our users. Read more here <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/o3kwWfPSUu" target="_blank" rel="nofollow">https://t.co/o3kwWfPSUu</a>— Binance (@binance) <a href="https://twitter.com/binance/status/1676854498273406976?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 6, 2023</a>
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The announcement noted that email notifications will be delivered in batches to impacted users. Moreover, Binance advised those receiving the notification to acquire a new address and memo. 
Amidst <a href="https://coinedition.com/binance-australia-office-searched-by-asic-in-derivatives-probe/">continuous scrutiny</a> across nations, Reuters reported that Binance.US has experienced a decline in its market share, dwindling to less than one …
The post <a rel="nofollow" href="https://coinedition.com/binance-announces-retirement-of-deposit-addresses-memos-in-q3/">Binance Announces Retirement Of Deposit Addresses &amp; Memos In Q3</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Binance Announces Retirement Of Deposit Addresses & Memos In Q3

Coin Edition

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