In the latest development, Binance has announced to delist and cease the trading of significant altcoins OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM) set to take effect on June 17th, 2024. The move comes amidst Binance’s ongoing quality assurance processes to ensure that only the most reliable and secure assets are available on the platform. Several criteria for delisting included the activity level of the altcoin’s development team, trading volume, liquidity, network stability, security, adherence to due diligence, and community communication

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