In a significant move following a recent hacking incident, Binance has announced a contract swap for the Griffin AI GAIN token. According to the results published in the material, this decision aims to protect users and restore confidence in the token's trading.
Binance Covers Contract Swap Costs
On October 13, Binance revealed that it would cover 50% of the costs associated with the contract swap using its own funds, while the project team would be responsible for the remaining expenses. This collaborative effort underscores the exchange's commitment to safeguarding user interests amidst the fallout from the hacking incident.
Resumption of Trading for GAIN Token
Trading for the newly swapped GAIN token is scheduled to resume at 12:00 UTC on the same day. Binance has assured users that their interests will be prioritized throughout this process. It aims to provide a seamless transition and restore normal trading activities.
Following Binance's recent contract swap announcement, Phemex is hosting a Halloween Futures Trading Festival, offering 200,000 USDT in rewards for traders. For more details, visit read more.
