Due to potential involvement in a HYPE transaction frenzy, Binance has temporarily suspended withdrawals of USDC on the Arbitrum chain.

BlockBeats News, November 29th, possibly influenced by the enthusiastic trading sentiment of Hyperliquid (HYPE) participants, Binance has temporarily suspended USDC withdrawals on the Arbitrum chain.

It is reported that the genesis event of Hyperliquid, a decentralized derivatives trading platform, native token HYPE, will go live on November 29th at 15:30 Beijing time. Qualified participants in the genesis event will receive 310 million tokens, which will be fully unlocked. Currently, there is no announcement of any CEX listing, only trading on DEX.