Binance To Ban Litecoin Transactions With MimbleWimble Upgrade

The world’s biggest crypto exchange by volume, Binance, published blog post this morning saying they are not going to support the MimbleWimble Extensions Block (MWEB) feature for Litecoin (LTC) deposits and withdrawals. They cited worries about security as the main reason for this decision.

Binance has delisted many other coins in the past due to security reasons. For example, on March 8, 2022, Binance delisted Bitcoin Diamond (BCD), Cindicator (CND), Monetha…


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