Security· ★★· neutral·

Onchain Foundation pauses LSK token buyback after Binance hack

  • —Onchain Foundation halted its LSK buyback due to the Binance security incident
  • —The buyback is set to resume next week once the situation becomes clearer
  • —The foundation sees no impact on the plan as Binance pledged to cover all losses
Why it matters: The LSK buyback pause shows how the Binance hack is spilling over into unrelated projects and their price-support programs.
#LSK#BNB
Source: Bloomingbit
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