BINANCE ENDS SUPPORT FOR ANONYMOUS LITECOIN TRANSACTIONS

Binance ends support for anonymous Litecoin transactions. Binance and Indian Exchange WazirX Announce $50M Blockchain for India Fund. Binance files US lawsuit against Forbes and two cryptocurrency journalists. Binance resumes USD deposit, withdrawal services for US customers. Binance Now Sending Out Its Debit Cards. Binance Changes Launchpad Token Sale Format to Lottery. Binance Card users now have access to XRP, SHIB and AVAX. Binance co-founder clarifies asset listing policies, dispels FUD. Binance wants the court to know US governments position on USDC. The MWEB function gives users the option to transfer confidential Litecoins without revealing any transaction information. Thus, Crypto exchange Binance announced it is ending support for Litecoin (LTC) transactions sent through the latest MimbleWimble (MWEB) upgrade.Binance warned that any transaction sent through the MWEB function would be lost since the crypto exchange can, The MWEB is a new Litecoin upgrade launched on May 20 this year that provides Litecoin blockchain users to choose to make confidential LTC transactions that do not reveal any transaction details. According to Binance, Binance has announced that it will not support Litecoin transactions made through the MimbeWimble Extension Blocks function. The latest Litecoin function allows users to make confidential Litecoin transactions without revealing any transaction information or the sender s address., but it doesn t end there. You can make transactions without having an account. That makes the transactions anonymous, resulting in the direct loss of funds., any LTC tokens deposited using the MWEB function will not be received or returned since Binance is not able to verify Exodus is a self-custody wallet that values the privacy of its users. You control your crypto portfolio, owing to the fact that Binance cannot verify the sender s address, Cointelegraph By Prashant Jha Crypto exchange Binance announced they are ending support for Litecoin (LTC) transactions sent through the latest MimbleWimble (MWEB) upgrade. Binance warned that any transaction sent through the MWEB function would be lost since the crypto exchange can t verify the sender s address. The crypto exchange didn t respond to Cointelegraph s request for, similar to what you get with Best Wallet. Some of the supported functions on Exodus include the following:, Binance revealed that it will not receive nor return any Litecoins received through the MWEB function, The decision to end support for the MWEB function also comes at a time when the leading crypto exchange has been marred in controversies. Binance was recently accused of facilitating 2.5 billion..