Binance will temporarily suspend deposits and withdrawals of Shentu (CTK) tokens starting July 22 at 12:00 UTC to facilitate the project’s upcoming network upgrade. The suspension is a standard protocol implemented to safeguard against potential risks during blockchain transitions and hard forks.
Users are strongly advised to complete all necessary CTK transactions before the designated cutoff time to avoid disruptions. The scheduled maintenance window allows Binance to ensure the security of user assets and maintain network stability throughout the upgrade process.
The Shentu network upgrade aims to enhance performance, scalability, and introduce advanced blockchain security features. Binance’s proactive measures reflect its commitment to secure exchange operations during critical blockchain infrastructure updates.