In a recent **update**, COINOTAG News reported that **Binance**, one of the world’s leading cryptocurrency exchanges, will temporarily halt **Kava (KAVA)** token deposits and withdrawals. This suspension is scheduled to begin at **22:00** Beijing time on **November 21, 2024**. The interruption is necessary to facilitate a critical **network upgrade**, following the project’s roadmap. The Kava team is set to implement these improvements at a projected block height of **12,766,500**, anticipated to occur at **23:00** on the same day. Users are advised to take necessary precautions and manage their activities on the exchange accordingly. This upgrade represents a significant step in the Kava platform’s ongoing development, aimed at bolstering its infrastructure and enhancing user experience in the **DeFi** space. As the cryptocurrency ecosystem evolves, such upgrades are vital for maintaining security and operational efficiency.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024