Skip to content

Onchain Foundation: LSK Buyback Suspended Due to Binance Security Incident, Expected to Resume Next Week

Oct 30, 15:50

October 30 - The Onchain Foundation stated that due to the Binance security incident, it has temporarily suspended the LSK buyback plan and expects to resume next week after the situation becomes clearer.

The organization pointed out that Binance has confirmed it will bear all losses, so it is expected that this incident will not affect the LSK buyback plan. Once the buyback resumes, the Onchain Foundation will issue a separate announcement.