The recent announcement of wallet addresses going to expiration,
Has got me wondering, What effects, positive or negative will this have on Binance platform as well as the crypto investors and traders
On the platform, As for me I found it strange, that an address is expiring. What are your takes on this.
I don't think it will have a negative impact because, with the acts of insecurity surrounding crypto centralized exchanges, I am sure scammers are looking for ways to hack a good, reputable exchange like Binance so that they can make a name for themselves and send Binance back to the development stages because all exchanges that have gone bankrupt have to start from scratch and will lose people's trust.
They issued the statement ahead of time so that those who are using the address can make any necessary modifications before the deadline, which is a really smart idea because strong wallets like Electrum have several public keys for security reasons, and I believe that is what Binance is attempting to do.