💦💦Binance Warned About This Altcoin! Transactions Will Stop on May 1st at 17:00 💦💦

Binance announced that it will fully support the network upgrade and hard fork process that will take place on the THORChain (RUNE) network on May 1, 2025. In this context, deposits and withdrawals made on the THORChain network will be temporarily halted during the update.

According to the exchange's announcement, wallet transactions (deposits and withdrawals) on the THORChain network will be suspended as of May 1 at 17:00 TSI. This temporary halt is directly related to the network upgrade and hard fork process on block number 20,940,000, which is planned to take place approximately one hour later, around 18:00 TSI.

Binance stated that it will manage the entire update process through its infrastructure without requiring users to perform any technical operations. There is no need for any changes to wallet addresses or user settings.

After the network update, when it is confirmed that the system is working stably, deposit and withdrawal transactions will be automatically reactivated. During this process, Binance will closely monitor the new blockchain version and conduct necessary tests. Transactions will be restarted smoothly without any new announcements.

On the other hand, RUNE trading transactions will not be affected by this technical process. Users will be able to continue trading RUNE seamlessly on the spot market and other trading platforms.

Like in similar past updates, Binance aims to manage this process without disrupting the user experience and with high operational success.

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