Binance Won't Support Deposits and Withdrawals of Litecoin Utilizing MimbleWimble Extension Blocks

Binance announced that it will not support the deposits and withdrawals of Litecoin that utilize the MimbleWimble Extension Blocks (MWEB) function, which provides users with an option of sending confidential Litecoin transactions without revealing any transaction information. Any Litecoin deposits made to Binance through the MWEB function will not be received or returned as the exchange is unable to verify the sender's address, resulting in the direct loss of funds.
Source

Binance

Exchanges

In This Article

Related News
BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Bitget announces token merger, BGB price increases amid market-wide declines Bitget announces token merger, BGB price increases amid market-wide declines
Major Japanese trading platform Coincheck becomes second crypto exchange to go public on Nasdaq Major Japanese trading platform Coincheck becomes second crypto exchange to go public on Nasdaq
Mt. Gox moves $2.4 billion in bitcoin to unknown address during currency’s climb to $100,000 milestone Mt. Gox moves $2.4 billion in bitcoin to unknown address during currency’s climb to $100,000 milestone
Latest News More More
Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps
18 Hours Ago Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
1 Day Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
1 Day Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
2 Days Ago Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open