Binance Delists Powerpool (CVP) without Notice
CryptoNewsTerminal Staff12 Aug, 2024
Binance Delists Powerpool (CVP) without Notice
Powerpool (CVP), a decentralized finance (DeFi) project, has announced that Binance, one of the world's largest cryptocurrency exchanges, has delisted its spot trading pairs. In a Medium post, the Powerpool team expressed disappointment over the move, stating that they were not given any prior notice or explanation for the delisting. The team also clarified that they had not sold any of their team token allocation, which was unlocked a year ago. They added that they have been committed to providing regular development activity reports to Binance and have established a strong community. Binance had previously announced the pending delisting of the CVP/USDT spot trading pair. The delisting took effect on February 14, 2023, at 08:00 UTC.
