Binance Plans Support for Shentu (CTK) Network Upgrade Scheduled for July 22
Main Idea
Binance will support the Shentu Network (CTK) upgrade on July 22, 2025, which aims to enhance scalability and security, with temporary pauses in deposits and withdrawals.
Key Points
1. Binance confirms support for Shentu Network's upgrade scheduled for July 22, 2025, at block height 24,865,200.
2. The upgrade focuses on improving scalability and security protocols for the Shentu Network (formerly CertiK Chain).
3. Binance will suspend CTK deposits and withdrawals starting at 3:00 PM on July 22, with trading unaffected during the upgrade.
4. The upgrade is expected to enhance network stability and support complex DeFi applications and enterprise blockchain solutions.
5. Binance's involvement reflects a broader industry trend of exchanges supporting critical blockchain upgrades to maintain market stability.
Description
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