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Unit Halts All Deposits and Withdrawals Following Binance Security Breach
(4 hours ago) · 1 source · Summarized by CryptoBipto
Unit, a decentralized finance platform, has delayed all deposits and withdrawals in response to a reported security breach involving Binance. The platform took the precautionary measure to protect user funds while the situation is assessed.
WHY IT MATTERS
When a crypto platform freezes deposits and withdrawals, it means users temporarily cannot move their money in or out.
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SOURCES
- thedefiant.io
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