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Binance suspends the listing of RedStone (RED), resumption time to be determined

Mar 06, 2025 20:44:45

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ChainCatcher news, according to an official announcement from Binance, due to the RedStone (RED) project team's sudden change in the community airdrop allocation plan, Binance has suspended the RedStone trading launch originally scheduled for March 6, 2025, at 13:00 (UTC), with the resumption time to be determined.

The announcement stated that the RedStone project team originally promised to allocate 9.5% of the total supply to the community airdrop, but has now reduced this percentage to 5%. Binance stated that it is actively negotiating the final details with the project team to ensure the best outcome for users and will provide more information in subsequent announcements.

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