Tokenlon Bitcoin cross-chain gateway will stop serving individual investors on December 31
Decentralized exchange Tokenlon has announced adjustments to its Bitcoin cross-chain gateway service policy, ceasing services for individual investors. The imBTC redemption channel will be closed on December 31, 2023 at 23:59 (UTC+8) and will only be available for institutional clients in the future. It is reported that in order to help community users cross-chain BTC tokens to the Ethereum network, Tokenlon launched its Bitcoin cross-chain gateway service and imBTC (1:1 anchored to BTC) at the end of 2019, serving a total of 4,555 addresses and 127,509 transactions to date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vitalik Buterin warns of the risks of uncontrolled AI and proposes decentralized solutions
MiCA’s impact on EU boosts euro stablecoins, says JP Morgan
Tether Executives Acquire Citizenship, Invest Millions in Luxury Real Estate in El Salvador
Evan Cheng Criticizes EVM, Proposes Ethereum Redesign
Trending news
MoreCrypto prices
More
