Crucial Update: Binance RUNE Suspension for Essential THORChain Network Upgrade
Main Idea
Binance will temporarily suspend RUNE deposits and withdrawals on July 31, 2024, at 17:00 UTC to support an upcoming THORChain network upgrade, ensuring network stability and security.
Key Points
1. Binance's suspension of RUNE deposits and withdrawals is scheduled for July 31, 2024, at 17:00 UTC.
2. The suspension is to facilitate a critical THORChain network upgrade, which aims to improve efficiency, security, and scalability.
3. THORChain (RUNE) enables cross-chain swaps of native cryptocurrencies without centralized intermediaries.
4. Users are advised to complete transactions before the suspension to avoid disruptions.
5. Binance will resume services once the upgrade is completed and network stability is confirmed.
Description
BitcoinWorld Crucial Update: Binance RUNE Suspension for Essential THORChain Network Upgrade In the fast-paced world of cryptocurrency, staying informed about exchange announcements is crucial for every investor and trader. A significant development has just emerged concerning THORChain (RUNE) holders on Binance. The global crypto exchange giant, Binance, has announced a temporary Binance RUNE suspension of deposits and withdrawals for the THORChain network. This move, scheduled for July 31st, 2...
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