Binance May Temporarily Suspend Shentu (CTK) Deposits and Withdrawals Ahead of Network Upgrade
2025-07-21 06:54:07
Main Idea
Binance will temporarily suspend Shentu (CTK) deposits and withdrawals on July 22 to facilitate a network upgrade, ensuring stability and security.
Key Points
1. Binance will halt CTK deposits and withdrawals on July 22 at 12:00 UTC to support Shentu's network upgrade.
2. The suspension is a standard procedure to mitigate risks during blockchain upgrades and hard forks.
3. Users are advised to complete necessary transactions before the cutoff time to avoid disruptions.
4. The upgrade aims to improve Shentu's performance, scalability, and introduce new functionalities in blockchain security.
5. Binance's action prioritizes user asset security and network stability during the transition.
Description
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