Powerpool caught off guard by Binance’s unexplained delisting decision

In its official Medium blog post, Powerpool, a DePIN layer, expressed surprise over Binance's decision to delist its native token, CVP, on Aug. 26. The crypto exchange did not specify the reasons behind the delisting, leaving Powerpool in the dark. Despite providing detailed reports on development and other activities as requested by Binance, Powerpool noted that Binance did not provide any feedback on these submissions or disclose the criteria for being placed under the Monitoring tag. The Powerpool team also said that they have not sold any of the tokens allocated for the team, which were unlocked about a year ago.