Add as a preferred source on GooglePancakeSwap Delays Trading Fee Buyback Until Monday, Nov. 16
The decentralized exchange says internal security checks will continue while regular trading stays open and user funds remain unaffected.
PancakeSwap has postponed this week’s trading fee buyback until Monday, Nov. 16, while it upgrades its security infrastructure and runs internal checks. The decentralized exchange said it is reviewing its security design before carrying out the buyback.
The delay applies to the fee buyback, while regular trading will continue during the work, PancakeSwap said. It also said user funds remain unaffected by the upgrades.
The review comes amid broader concerns about security breaches across decentralized finance protocols. PancakeSwap is known for its role in the Binance Smart Chain ecosystem.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.