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Binance Ceases USDC TRC20 Deposits Following Circle’s Decision

Binance, one of the leading cryptocurrency exchanges, has stopped allowing USDC (USD Coin) deposits and withdrawals over Tron’s TRC20 protocol. This is a significant cryptocurrency shift. This decision follows Circle’s decision to discontinue support for USDC on the Tron network. Tokens cannot be added to Binance accounts utilizing TRC20 after 2:00 a.m. UTC on April 5, 2024.

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Binance May List RON, Exchange Collects Token From Thousands of Wallets

Binance’s hot wallet tagged (0xb3…AFA3) has collected 137.8k RON from thousands of wallets since January 26th. This behavior has sparked speculation about Binance’s listing of RON, leading to a 15% increase in 24 hours. However, it is more likely that Binance is collecting funds from users who mistakenly deposited RON over the past few years, although this is debatable.

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