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According to an official update from COINOTAG News on November 25th, Binance will be halting Ardor (ARDR) token deposits and withdrawals on its network starting at 20:00 (UTC+8) on December 1, 2024. This temporary suspension is part of a crucial network upgrade and hard fork aimed at enhancing platform functionality and security. The development team anticipates executing the upgrade at block height 3,700,000, which is projected to occur at 21:00 (UTC+8) on the same day. Investors and traders are advised to manage their ARDR holdings accordingly and remain attentive to subsequent updates that will provide insights into the successful completion of the upgrade. Such protocols are integral to the ongoing evolution of blockchain technology, ensuring networks can adapt to increasing demands and challenges in a dynamic cryptocurrency landscape.
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