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Major crypto exchange Binance has announced a move to delist 20 cryptocurrencies from its alpha platform.
The removal will be taking place today, May 14 at 6:00 (UTC), and the tokens affected include PRAI (Privasea AI); COMMON (Common); PINGPONG (PINGPONG); TAKER (Taker Protocol); JANITOR (Janitor); GATA (Gata); KLINK (Klink Finance); CORL (Coral Finance); SWTCH (Switchboard); ARIAIP (Aria Protocol); LONG (Belong); ZKWASM (ZKWASM); GORILLA (Gorilla); ECHO (Echo Protocol); LITKEY (Lit Protocol); FIR (Fireverse); GM (GOMBLE); DELABS (Delabs Games); DONKEY (Donkey); WHY (Why).
Binance noted that the decision was based on a recent review, which found that the tokens do not adhere to Binance Alpha's standards and hence will be removed from the featured list on May 14 at 6:00 (UTC).
While the affected cryptocurrencies are lesser-known tokens, Binance is set to delist a few relatively known tokens across its platform on a separate date in May.
As reported, Binance announced a decision to delist and cease trading on all spot trading pairs for five tokens including Automata (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS) on May 27 at 03:00 (UTC).
Binance online event highlights
Ripple CEO Brad Garlinghouse participated in the Binance online event, which was held on May 13.
Garlinghouse was part of a panel with Binance co-CEO Richard Teng and Lily Liu, Solana Foundation president, which discussed "the Evolution era". Binance shared highlights from the discussion in a recent tweet.
The Ripple CEO touched on how close the US may finally be to crypto regulatory clarity, saying "We're as close to the finish line as we've ever been."
Solana Foundation President Lily Liu spoke on the future of payments in the AI era: "A lot of the imagined use cases for crypto are coming true over time."
Binance CEO Richard Teng spoke on the convergence of TradFi and crypto. In his words, Teng said, "We are no longer just focusing on crypto. We are a multi-asset class exchange, multi-jurisdictional exchange."
Dan Burgin
U.Today Editorial Team
