The largest cryptocurrency exchange in the world, Binance, has announced in a blog post that it would shut down its Ethereum wallet on June 27 for maintenance.

According to the post, the maintenance should take about two hours. Trading operations will continue unaffected and only deposits and withdrawals of all ERC-20 tokens will be stopped.

The aforementioned operations will start up again as soon as all required technical operations are finished. BNB emphasized that it had no plans to make any additional announcements.

The business has lately performed several wallet maintenance procedures, including this one.

Binance performed maintenance on its Tron wallet two days ago

BNB performed maintenance on its Tron wallet, which also momentarily halted TRX deposits and withdrawals. Prior to that, Bitcoin withdrawals and deposits were affected in a similar way on June 14, which the firm representative attributed to a stalled on-chain transaction.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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Ethereum

Binance Will Temporarily Halt Its Ethereum Operations In 5 Days

The largest cryptocurrency exchange in the world, Binance, has announced in a blog post that it would shut down its Ethereum wallet on June 27 for maintenance.

#Binance will perform wallet maintenance for the @ethereum network (ERC20) on June 27, 06:00 UTC.

Deposits and withdrawals will be temporarily suspended and will reopen once the maintenance is complete.https://t.co/G233Ri0Pdt

— Binance (@binance) June 22, 2022

According to the post, the maintenance should take about two hours. Trading operations will continue unaffected and only deposits and withdrawals of all ERC-20 tokens will be stopped.

The aforementioned operations will start up again as soon as all required technical operations are finished. BNB emphasized that it had no plans to make any additional announcements.

The business has lately performed several wallet maintenance procedures, including this one.

Binance performed maintenance on its Tron wallet two days ago

BNB performed maintenance on its Tron wallet, which also momentarily halted TRX deposits and withdrawals. Prior to that, Bitcoin withdrawals and deposits were affected in a similar way on June 14, which the firm representative attributed to a stalled on-chain transaction.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

CoinCu News

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