Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

XRP RSI Trendline Breaks Down, Here’s What It Means For Price

June 21, 2025

Bitcoin Active Addresses At 2020 Level — What’s Happening?

June 21, 2025

Bitcoin Crash Coming Next Week? James Wynn’s $70M Short Position Says So

June 21, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Binance to Support Arweave (AR) Network Upgrade and Hard Fork

0
By Aggregated - see source on November 7, 2024 Blockchain
Share
Facebook Twitter LinkedIn Pinterest Email


Felix Pinkston
Nov 07, 2024 04:18

Binance will temporarily suspend Arweave (AR) deposits and withdrawals to support a network upgrade and hard fork, ensuring seamless user experience.





Binance, one of the world’s largest cryptocurrency exchanges, has announced its support for the upcoming Arweave (AR) network upgrade and hard fork. As part of this process, Binance will temporarily suspend deposits and withdrawals of AR tokens starting from November 13, 2024, at 13:00 UTC, according to Binance.

Network Upgrade Details

The network upgrade and hard fork are scheduled to occur at the block height of 1,547,120, anticipated around 14:00 UTC on the same day. While the trading of AR tokens will remain unaffected during this period, users will not be able to deposit or withdraw AR tokens until the upgrade is complete and the network is stable.

Binance’s Role and Assurance

Binance assures its users that it will manage all technical requirements associated with the upgrade. The exchange will resume AR token deposits and withdrawals once the upgraded network is deemed stable. Binance will not issue a further announcement post-upgrade completion, underscoring its confidence in a smooth transition.

Impact on Users

Users are advised to plan accordingly, as the temporary suspension may affect their transactions on the Arweave network. However, the upgrade is expected to enhance the network’s performance and security, ultimately benefiting users in the long run.

Broader Context

Arweave, a decentralized storage network, has been gaining traction for its unique approach to data permanence. This upgrade is part of ongoing efforts to improve its network infrastructure, which could potentially bolster its adoption and utility in the cryptocurrency space.

As the cryptocurrency market continues to evolve, network upgrades like Arweave’s are critical for maintaining competitiveness and ensuring robust performance. Such developments are closely watched by industry stakeholders and can have significant implications for the market dynamics.

For more details on the network upgrade, users can refer to the Arweave project team’s announcement on their official GitHub page.

Image source: Shutterstock


Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Paris Crypto Kidnapping Forces Victim to Surrender Ledger Keys

June 20, 2025

Crypto Sector AI Prediction: DePIN, RWA, SocialFi Lead

June 20, 2025

Digital Pound Timeline at Risk as BoE Governor Doubts Need

June 20, 2025
Leave A Reply Cancel Reply

What's New Here!

XRP RSI Trendline Breaks Down, Here’s What It Means For Price

June 21, 2025

Bitcoin Active Addresses At 2020 Level — What’s Happening?

June 21, 2025

Bitcoin Crash Coming Next Week? James Wynn’s $70M Short Position Says So

June 21, 2025

ZachXBT Accuses Garden Finance For Laundering  Bybit Hack Funds

June 21, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.