On November 14th, COINOTAG News reported that Binance will temporarily halt both token deposits and withdrawals for the Shentu (CTK) network. This suspension is slated to begin at 20:00 on November 19, 2024, Beijing time, coinciding with a significant network upgrade and a planned hard fork. As part of this process, the development team will initiate the upgrade at block height 21,239,900, which is predicted to occur around 21:00 on the same day. Traders and investors are advised to prepare accordingly, as disruptions to network services can affect liquidity and trading strategies. This move highlights Binance’s ongoing commitment to enhancing network integrity and operational efficiency within the crypto ecosystem.
Source: https://en.coinotag.com/breakingnews/binance-to-suspend-shentu-ctk-deposits-and-withdrawals-for-network-upgrade-on-november-19-2024/