Onchain Foundation Temporarily Suspends Lisk Token Buyback After Binance Hack
Uk Jin
Summary
- Onchain Foundation said it has temporarily suspended its Lisk (LSK) token buyback plan following the Binance hack.
- Onchain Foundation said it has temporarily halted the Lisk token buyback due to the Binance security incident and plans to resume it next week.
- The foundation said it expects the Lisk buyback plan to remain unaffected because Binance has said it will cover all losses.
Forecast Trend Report by Period
Onchain Foundation has temporarily suspended its buyback plan for Lisk (LSK) tokens in the wake of the Binance hack.
BlockBeats reported on October 30 that the foundation paused the Lisk token buyback following the Binance security incident and plans to resume it next week once the situation becomes clearer.
The foundation added that it does not expect the Lisk buyback plan to be affected, as Binance has said it will compensate for all losses from the incident.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.