In a significant update for investors, Binance has announced that it will be temporarily halting token deposits and withdrawals on the Shentu (CTK) network as part of a necessary network upgrade and hard fork. This procedure is scheduled to commence on February 6, 2025, at 20:00 (UTC+8). The anticipated network upgrade will take place at block height 22,399,700, with various enhancements aimed at improving network efficiency and security. The upgrading process is expected to begin at 21:00 (UTC+8), marking a crucial transition for Shentu’s data integrity solutions. Investors in CTK should prepare for this temporary suspension and monitor further updates from Binance, as this action underscores the exchange’s commitment to maintaining a resilient and secure trading environment for its users. Proper planning will ensure minimal disruption to trading activities during this upgrade period.
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