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Binance, one of the world’s biggest crypto exchanges, has announced on July 5 that it will support the upcoming Ontology 2.0 network upgrade.
Ontology 2.0 will include the integration of a number of community-led upgrades to its MainNet.Binance says that it will end support of Neo Enhancement Protocol 5-based, or NEP5, ONT tokens deposits.
Any future deposits of NEP5 ONT will not be credited to users' Binance account, it indicates.Deposits and withdrawals of ONT will be stopped starting July 6 at 9 a.m. UTC.
Users will be notified when the Ontology upgraded network becomes stable and deposits and withdrawals are reopened, says Binance.Key notes about the Ontology 2.0 upgrades of Binance :1.
NEP5-based ONT tokens will no longer be supported on Binance.
Any future deposits of NEP5 ONT will not be credited to your account3.
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Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, has appointed David Clifton as Interim CEO of Bakkt, the digital assets trading and payments platform that is majority-owned by ICE.
Clifton replaces Mike Blandina, who is leaving the company to pursue a new opportunity.
Adam White, who was appointed President of Bakkt earlier this year, will continue in his role.Clifton, currently ICE’s Vice President, M and Integration, joined ICE in 2008, serving previously as Associate General Counsel, M During his tenure, Clifton has played a leading role in the company’s deals, including the 2013 acquisition of NYSE Euronext, among other global strategic initiatives and transactions.
Clifton received his JD from Mercer University’s Walter F. George School of Law and is a graduate of Davidson College.
In his interim role at Bakkt, Clifton will focus on completing the integration of Bridge2 Solutions, which Bakkt acquired earlier this year, while also driving forward Bakkt’s growth initiatives.“David Clifton has been deeply engaged in many of our most important initiatives over the years and, after helping to lead the acquisition of Bridge2 to accelerate the rollout of Bakkt’s consumer application, I know he will provide outstanding leadership for Bakkt as its Interim CEO,” said Jeffrey Sprecher, Founder, Chairman and CEO of ICE.
“I also want to express our gratitude to Mike Blandina for his work to help grow Bakkt during an important transformational period for the company and wish him all the best in his new endeavor.”Since its launch, Bakkt has focused on building trust in and unlocking the value of digital assets.
