Binance to Suspend Injective (INJ) Deposits and Withdrawals Tonight for Network Upgrade
Main Idea
Binance will temporarily suspend Injective (INJ) deposits and withdrawals to facilitate a network upgrade aimed at improving scalability, speed, and security.
Key Points
1. Binance is suspending Injective (INJ) deposits and withdrawals to support a network upgrade and maintain integrity during the process.
2. The upgrade focuses on increasing network scalability and speed, while reducing vulnerabilities.
3. INJ holders should monitor official Binance and Injective network updates and avoid transactions during the suspension.
4. Post-upgrade improvements include a 30% increase in transaction speed, enhanced security protocols, and expanded network capacity.
5. Binance expects to resume INJ transactions shortly after the upgrade completes, with users advised to check official updates for exact timing.
Description
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