COINOTAG News reports that Binance has officially declared the suspension of aelf (ELF) token deposits and withdrawals, effective January 15, 2025, at 17:00 (UTC+8). This measure is implemented to facilitate a critical network upgrade, which aims to enhance the overall operational efficiency of the platform. The upgrade is set to occur at block height 252,256,057, anticipated to take place shortly after the suspension begins, at approximately 18:00 (UTC+8) on the same day. Stakeholders in the aelf ecosystem are encouraged to plan accordingly and ensure that all transactions are finalized prior to the cut-off time. This upgrade signifies a pivotal moment for aelf, as it seeks to bolster its functionalities and provide users with improved services, thereby reinforcing its position in the competitive landscape of decentralized platforms.
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