In a critical update for investors, Binance has officially announced the temporary suspension of token deposit and withdrawal services for the Rootstock (RIF) network, set to take effect on March 12, 2025, at 19:00 (UTC+8). This measure is intended to facilitate an essential network upgrade and hard fork aimed at enhancing the network’s operational efficiency. The planned upgrade will initiate at block height 7,338,024 and is anticipated to commence around 20:00 on the same day. As the cryptocurrency landscape undergoes constant shifts, stakeholders are advised to stay informed regarding these developments to ensure a seamless trading experience. The decision underscores Binance’s commitment to maintaining a robust infrastructure that supports evolving blockchain technologies.
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