BNB Chain to Deactivate Current Multi-Signature Wallet; Users Urged to Migrate to Safe Global for Asset Security

The COINOTAG News briefing dated November 12 confirms that the BNB Chain development team plans to deactivate the current multi-signature wallet in the near term, a move designed to bolster asset security.

Users are advised to migrate to Safe Global as the recommended custody solution to preserve security posture. Official notices indicate a transition path will be provided by BNB Chain and Safe Global, with guidance on verification and wallet reconfiguration to minimize disruption.

Market participants should monitor BNB Chain communications and trusted channels for migration timelines and verification steps to ensure continued protection of digital assets.