In a recent announcement made by COINOTAG on October 28, Binance will temporarily halt the token recharge and withdrawal services for the Shentu (CTK) network. This suspension is scheduled for 19:00 on October 30, 2024 (Eastern Time). The strategic move is intended to facilitate a significant network upgrade alongside a crucial hard fork. Industry analysts anticipate that the upgrade will be initiated at block height 20,949,300, estimated to occur around 20:00 on the same day. Investors are advised to remain vigilant and monitor the developments closely, as such upgrades can lead to potential changes in network performance and user experience. This upgrade could signify an important step forward for the Shentu ecosystem, aligning it with the evolving demands of the crypto landscape.
Source: https://en.coinotag.com/breakingnews/binance-to-suspend-shentu-ctk-services-for-network-upgrade-and-hard-fork-on-october-30-2024/