#Binance Suspends Some Asset Lending#
Hot Topic Overview
Overview
Binance announced that, starting from 11:00 AM (UTC) on January 15, 2025, it will stop offering ten assets as collateral for borrowing, including Banana Gun (BANANA), Gains Network (GNS), Harmony (ONE), Kadena (KDA), Liquity (LQTY), Livepeer (LPT), Portal (PORTAL), Tellor Tributes (TRB), Viberate (VIB) and Vulcan Forged PYR (PYR). This means that users will no longer be able to use these assets for margin borrowing, and Binance will no longer support lending operations for these assets.
Ace Hot Topic Analysis
Analysis
Binance announced that it will stop offering certain assets as collateral for borrowing and lending from 11:00 AM UTC on January 15, 2025. The affected assets include Banana Gun (BANANA), Gains Network (GNS), Harmony (ONE), Kadena (KDA), Liquity (LQTY), Livepeer (LPT), Portal (PORTAL), Tellor Tributes (TRB), Viberate (VIB), and Vulcan Forged PYR (PYR). This move means users will no longer be able to use these assets for borrowing and lending, nor will they be able to borrow these assets. Binance has not yet disclosed the reasons for stopping offering these assets as collateral for borrowing and lending, but this move may be related to market fluctuations, risk control, or other factors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Binance suspends some asset lending, possibly related to market performance or risk control of these assets.
Binance's move could mean the platform will be more cautious in selecting eligible assets for lending, in order to reduce risks.
This adjustment could have some impact on the price of related assets, but the specific impact is not yet clear.
Binance's move may reflect changes in overall risk appetite in the crypto market, as well as a focus on regulatory compliance.