Read

WazirX

Spot

Coin

<ul class="wp-block-list news-points"> 
 <li>Binance delists underperforming pairs, including SUI/TUSD and WRX, citing low liquidity and market inefficiency.&nbsp;&nbsp;</li> 
 <li>WRX price crashes over 50% after Binance announcement and court-ordered probe into $230M hack.&nbsp;&nbsp;</li> 
 <li>SUI, HMSTR, and AEUR see 5-10% price drops amid Binance’s strategic clean-up.</li> 
</ul> 
The crypto market is reacting to Binance’s <a href="https://www.binance.com/en/support/announcement/binance-will-delist-akro-blz-wrx-on-2024-12-25-b140faee7cf9482cb10257308abda245" target="_blank" rel="nofollow">announcement on delisting</a> several underperforming trading pairs. These include SUI/TUSD and WRX pairs. Binance cited low liquidity and market inefficiency as reasons. 
The delisting will take effect between December 20 and 25. This has triggered price drops for affected tokens. SUI lost 4%, and WazirX’s WRX crashed almost 60%. In addition, the Delhi High Court has <a href="https://www.cryptotimes.io/2024/12/18/wazirx-status-report-by-delhi-police-trashed-by-delhi-hc/" target="_blank" rel="nofollow">ordered a new probe</a> into the WazirX hacking incident. 
Binance will delist five spot trading pairs on December 20: SUI/TUSD, HMSTR/BNB, BNT/ETH, CYBER/TUSD, and AEUR/EUR. The exchange will also remove Spot Trading Bots services for these pairs. Users should update or cancel their trading bots. 
Read also : <a href="https://coinedition.com/wazirx-asset-rebalancing-200m-wallet-activity-sparks-binance-theories/">WazirX Asset Rebalancing: $200M Wallet Activity</a> 
Binance said this decision comes from periodic market reviews. These reviews found low liquidity and trading volu…
The post <a href="https://coinedition.com/wazirx-faces-new-probe-and-dex-launch-binance-delists-sui-tusd-wrx-pairs/">WazirX Faces New Probe and DEX Launch; Binance Delists SUI/TUSD, WRX Pairs</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

WazirX Faces New Probe and DEX Launch; Binance Delists SUI/TUSD, WRX Pairs

Coin Edition

Other articles published on Dec 18, 2024

Next Altseason Tokens Poised 100% Growth in 2025: Scalable and Innovative Crypto Projects

Turn $100 into a Fortune with This Best Crypto to Join This Week While Tron Powers Stablecoin Gro...

Coinbase Institutional Integrates Chainlink into Project Diamond for Secure Tokenized Asset Manag...

Bitcoin Strategic Reserve Proposed In U.S. Executive Order

Africa has a new unicorn!

PENGU Crashes 55% After Launch: What Happened to Pudgy Penguins’ Token?

Join our free newsletter for daily crypto updates!