Urgent CTK Suspension: Binance Halts Deposits & Withdrawals for Shentu Upgrade
Main Idea
Binance has announced a temporary suspension of deposits and withdrawals for Shentu (CTK) to facilitate a network upgrade and hard fork, ensuring the security and improvement of the Shentu blockchain.
Key Points
1. Binance will temporarily pause all deposits and withdrawals of Shentu (CTK) starting at 12:00 UTC on July 22 to support the Shentu network's upgrade and hard fork.
2. The suspension is a standard procedure during blockchain upgrades, which aim to enhance security, performance, and scalability.
3. CTK holders on Binance do not need to take any action during the suspension; their assets remain safe and services will resume post-upgrade.
4. Trading of CTK may continue during the suspension, but deposits and withdrawals will be paused until the upgrade is complete.
5. Users needing to move CTK should complete transactions before the suspension deadline to avoid disruptions.
Description
BitcoinWorld Urgent CTK Suspension: Binance Halts Deposits & Withdrawals for Shentu Upgrade Are you a Shentu (CTK) holder? If so, there’s a crucial update from Binance you need to be aware of. The world’s largest cryptocurrency exchange, Binance, has announced a temporary CTK suspension of deposits and withdrawals. This isn’t a cause for alarm, but rather a standard procedure in support of an important development for the Shentu network itself. Understanding the ‘why’ and ‘what’ of this CTK susp...
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