
Binance announced it will stop supporting deposits and withdrawals of the Sophon (SOPH) token on the BNB Smart Chain network starting August 21, 08:00 UTC. Deposits made after this time will not be credited and could result in asset loss. This move is part of Binance's routine review to maintain market quality and protect users. Binance also delisted several spot and margin trading pairs on August 14 due to low liquidity and trading volume.