BNB Chain has reassured the community that it will take over the positions of a hacker who has a 924,830 BNB lending position on the Venus Protocol platform if the liquidity threshold is hit. The community is concerned about a potential sharp price drop due to liquidations.
Binance has also announced the delisting of over 19 spot trading pairs. Despite this, the BNB token has jumped around 6.87% in a couple of hours, currently trading at $235.60.
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