According to ChainCatcher news, as shown by RootData market data, the upcoming delisting of DMAIL, JPG, LITH, STC, and REVV spot trading by OKX may have caused a significant drop in the prices of the tokens to be delisted.Among them:DMAIL is currently priced at $0.2311, with a 24-hour decline of 19.2%;LITH is currently priced at $0.00037, with a 24-hour decline of 37.42%;STC is currently priced at $0.11, with a 24-hour decline of 33.1%.

ChainCatcher message: To protect users and ensure that listed tokens and trading pairs continue to meet our high standards, Binance will regularly review the listed tokens in the margin trading zone according to the delisting guidelines.Due to legal and regulatory issues, unethical behavior, and factors such as poor liquidity and trading volume, tokens and/or trading pairs may be delisted from isolated margin and cross margin, and delisting may occur simultaneously.

According to ChainCatcher news, PowerPool expressed regret over Binance's decision to delist its native token CVP and made the following responses:This decision came as a complete surprise to us, and Binance did not provide any specific reasons or triggers for the delisting of CVP;PowerPool has been building the protocol and community, providing technical and marketing activities, including Binance CVP Learn and Earn;The PowerPool team provided a detailed report on the development and other activities required by the team after the listing on Binance;Binance did not provide feedback on the report or any other reporting activities, nor did it provide any information related to the reasons for being placed on the watchlist;The team has not sold any team token allocations (the tokens were unlocked about a year ago);CVP has been listed on multiple CEXs (such as Gate, MEXC, etc.) and Uniswap DEX.Yesterday's news reported that Binance announced it would gradually delist and cease all related trading for six tokens starting from August 19, 2024, Beijing time. These tokens include PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF), and VGX Token (VGX).

ChainCatcher news, Meson CEO Sherlock Shi posted on X expressing frustration over OKX's recent decision and understanding its impact on supporters. He stated that, although the specific situation is uncertain, the team is working hard to achieve its goals and comply with OKX's requirements.The CEO emphasized that, despite his youth, he has witnessed many changes in the cryptocurrency space over the past seven years, including ETH plummeting to $60 and the rise of DeFi Summer. He is certain of one thing: if you believe in it, stay committed and persevere. Price is a significant challenge, but as long as it survives and follows its vision, it can overcome it.Sherlock Shi clarified some of the company's commitments, stating that meson.network will design its own solutions to meet market demands and launch its own chain (Epic: Meson-3.0). The core business of meson.network is to operate a bandwidth market. Individuals with IP can join the network as miners, while those in need of proxy services will have to pay.Previous news indicates that, according to the official announcement, OKX will officially delist the following trading pairs on August 9, 2024, from 4:00 PM to 4:30 PM (UTC+8).The specific trading pairs involved are as follows: MSN/USDT, OMN/USDT, REP/USDT, BTC/EURT, ETH/EURT, EURT/USDT, IGU/USDT, PCI/USDT, SLN/USDT.

ChainCatcher news, meson.network responded on social media to the recent community FUD, stating that it has noticed the recent news and the concerns it has raised. From an official perspective, it is committed to maintaining a high signal-to-noise ratio strategy, where the signal includes products, business models, and cash flow, while the noise includes anxiety-inducing issues.Many projects and individuals have ultimately lost their rightful value due to yielding to external pressures and distractions. meson.network will not make the same mistake and will steadfastly adhere to its beliefs in the long term.ChainCatcher previously reported that according to the official announcement, OKX will officially delist the following trading pairs on August 9, 2024, from 4:00 PM to 4:30 PM (UTC+8).The specific trading pairs involved are as follows: MSN/USDT, OMN/USDT, REP/USDT, BTC/EURT, ETH/EURT, EURT/USDT, IGU/USDT, PCI/USDT, SLN/USDT.

ChainCatcher news, according to Binance market data, possibly affected by Binance's decision to delist, BOND, DOCK, MDX, and POLS briefly dropped over 15%, among which:BOND fell 28.4% in 24 hours, currently priced at $1.569;DOCK fell 28% in 24 hours, currently priced at $0.00745;MDX fell 21.42% in 24 hours, currently priced at $0.02844;POLS fell 18% in 24 hours, currently priced at $0.3347;Previous news, Binance will delist BOND, DOCK, MDX, and POLS on July 22.

ChainCatcher news, according to Digital Today, 20 South Korean cryptocurrency exchanges have jointly established self-regulatory guidelines with the Digital Asset Exchange Alliance (DAXA), outlining best practices for listing and delisting virtual assets. DAXA is an industry organization composed of South Korea's five largest cryptocurrency exchanges. This move is in preparation for the "Virtual Asset User Protection Act," which is set to take effect on July 19.Once the law is enacted, all South Korean cryptocurrency exchanges will officially implement these guidelines. Additionally, within six months from the date of implementation, approximately 1,333 virtual assets currently traded will be reassessed. From January to June of this year, DAXA member exchanges delisted a total of 39 cryptocurrencies. Despite the increased scrutiny, the industry does not expect a large-scale, one-time delisting to occur.

ChainCatcher news, according to Chosun Biz, all virtual asset exchanges in South Korea are jointly participating in the formulation of the "Self-Regulatory Management Plan for Virtual Asset Trading Support." The self-regulation, previously led by five major won market exchanges, is now expanding to all exchanges to collectively establish self-regulatory norms. This plan is promoted by the Korea Digital Asset Exchange Alliance (DAXA) and aims to establish self-regulatory guidelines for virtual asset trading support through joint consultation. The "General Guidelines for Virtual Asset Trading Support Review" released by DAXA serves as the foundation for the new plan and is widely collecting opinions from various exchanges for improvement.This collaboration involves not only the five major won market exchanges but also about 20 coin-to-coin market exchanges, marking the first comprehensive cooperation among virtual asset exchanges to establish a self-regulatory mechanism. The country's financial regulatory agency is also actively involved, providing advisory support and requiring exchanges to strengthen the review and supervision of listed assets.The new self-regulatory plan is expected to be announced around July 19, coinciding with the implementation of the "Virtual Asset User Protection Act," and industry professionals are actively working to upgrade the existing guidelines and enhance relevant regulatory content.

ChainCatcher news, the South Korean cryptocurrency exchange Upbit has clarified that a circulating list of tokens allegedly set to be delisted is false. Upbit refuted this list on its official channel on the South Korean messaging app Kakao, stating that it is "baseless." Reportedly, after this list began circulating on online forums, the prices of altcoins listed on Upbit saw a significant drop.This incident comes as South Korea's "Virtual Asset User Protection Act" is set to take effect on July 19. Upbit emphasized that a large-scale delisting, as rumored, is highly unlikely to occur.

ChainCatcher news, according to local media EBN, the Financial Services Commission (FSC) of South Korea announced that it will not directly participate in the inspection of cryptocurrencies listed on Korean exchanges.Previously, there were rumors that South Korean financial regulators planned to delist cryptocurrencies that did not meet listing requirements before July of this year. The FSC stated that it only inspects cryptocurrency operators and does not directly inspect tokens. The final announcements regarding token inspections and delistings will be the responsibility of the cryptocurrency exchanges and the Korea Digital Asset Exchange Alliance (DAXA), which is the consulting body for Korean digital asset exchanges.

ChainCatcher news, June 13, He Yi responded to questions in a Twitter Space.Regarding the previous wash trading incident, Binance co-founder He Yi stated that the product focused more on user-friendliness and was not strict enough. After this experience and lesson, they will raise the current risk control standards and levels; at that time, they noticed the price fluctuations, but the risk control team felt the issue was not significant and let it go; he does not believe that "competitors" are engaging in self-theft.Regarding the listing process, He Yi acknowledged that there are indeed contradictions. If a project with a large FDV is not listed, many people will criticize, "Why isn't Binance listing such a hardcore tech coin?"; for projects with a small FDV, many will complain that Binance is listing projects with so many issues. Any policy has loopholes, and overall it is a process of wits and courage; in the future, Binance hopes to list and incubate projects that allow more entrepreneurs to use blockchain, rather than locking users into airdrops and trading scenarios.Regarding delisting, He Yi mentioned that the review of tokens will consider whether the product is in development, whether there is liquidity, whether there are many negatives, and the regulatory rules of various countries, etc. The recent frequency of delistings has decreased, primarily because the project parties in the bull market have become active (originally thought they would all die), and there is a dedicated department monitoring the listed projects daily. Additionally, he firmly opposes shell buying.He Yi said he writes emails to Zhao Changpeng every day and also needs to write reading notes; his daily life mainly consists of fitness, phone calls (conference calls), and putting children to sleep, which is very monotonous.He Yi said: "We have also listed the so-called 'sister coins' that everyone laughs at, like Hook, claiming that its users are fake; its users are indeed not typical crypto users. We also listed a gaming project that brought in over a million registrations but only had 56 trading users. Binance is trying to see if it can bring about some normal business models, and in the process, it will also endure some ridicule and failures."

ChainCatcher news, the London Court of Appeal held a hearing regarding the lawsuit against several exchanges for delisting BSV. BSV Claims Ltd is demanding $9 billion in compensation from the six defendants for BSV holders, as the delisting of BSV caused these holders to miss out on growth opportunities.The defendants argue that BSV investors could have sold their BSV tokens in 2019 and purchased another cryptocurrency, and therefore should not be compensated, as they could have taken reasonable steps to avoid the "loss."The defendants also stated that BSV token holders were not locked in, so they could sell at any time and buy other cryptocurrencies. The case will last for three days.

ChainCatcher message, OKX will delay the delisting time for ZK trading pairs' leverage and perpetual contracts, with a tentative delisting time between 4 PM and 5 PM Beijing time on June 6.In addition, the ZK borrowing feature will be stopped at 2 PM on May 31, and leverage trading and spot borrowing services will be delisted at 5 PM on June 5.

ChainCatcher news, according to the official announcement, Binance will remove the INJ/TUSD, MEME/TUSD, SNX/ETH, and SYN/BTC spot trading pairs and cease trading on May 24, 2024, at 11:00 (UTC+8).

ChainCatcher news, Kraken's Global Head of Asset Growth and Management Mark Greenberg clarified in a post on the X platform that Kraken currently has no plans to delist USDT in the European market.Kraken understands that European customers value the use of USDT and will continue to consider all options for providing USDT under the upcoming regulations. Kraken will comply with all legal requirements, even those with which it disagrees, but the rules have not yet been finalized. Kraken will continue to make every effort to provide all relevant stablecoins to European customers.