Announcement of the suspension of deposit and withdrawal services for THORChain (RUNE) Tokens on Binance

Service suspension schedule

On June 18, 2025, Binance operators will temporarily suspend deposit and withdrawal services for the THORChain (RUNE) project Tokens. The start time is 02:00 Eastern Time (UTC+8). This decision is to support the network upgrade to ensure stability and safety for the cryptocurrency ecosystem. The upgrade process is expected to occur at block number 21 million 574 thousand, and is anticipated to be completed around 03:00 on the same day.

Purpose of the network upgrade

The THORChain network upgrade focuses on improving transaction processing performance and enhancing resistance to potential attacks. This helps maintain the immutability of the chain while increasing the scalability of the cryptocurrency ecosystem, in line with the scaling trends of cross-chain networks.

Impact on users

During this time, users cannot perform deposit or withdrawal transactions of RUNE Tokens on Binance. This may cause disruptions in the management of the community's crypto assets. Token holders should be aware of the suspension period to avoid unnecessary risks related to losing access to their assets.

Requests and recommendations

  • Be patient and wait for operations to resume after the upgrade is completed.

  • Follow official announcements from Binance to update service status.

  • Do not conduct any important transactions while the system is not operational.

Conclusion

The THORChain network upgrade reflects the project's commitment to enhancing security and expanding the processing capabilities of the cross-chain. Cryptocurrency users need to actively monitor announcements to avoid risks and ensure a smooth investment journey. The suspension period is not expected to be prolonged, ensuring a quick return to operations once the upgrade process is completed.

Source: https://tintucbitcoin.com/binance-nang-cap-mang-rune-thu-hut-nguoi-dung/

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