Binance Suspends ZEN Deposits and Withdrawals for Network Upgrade

IconCrypto News Terminal25 Apr, 2024

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Binance Suspends ZEN Deposits and Withdrawals for Network Upgrade

Binance, a leading cryptocurrency exchange, has suspended deposits and withdrawals for Horizen (ZEN) on May 6, 2024. The suspension is due to a scheduled network upgrade on the Horizen blockchain. The suspension will begin at 15:00 UTC on May 6th, and it is expected to be lifted once the upgrade is complete. During the suspension period, users will not be able to deposit or withdraw ZEN on Binance. Binance has stated that it will provide updates on the status of the upgrade and the suspension of ZEN deposits and withdrawals. Previously on April 24, 2024, Binance announced that it would be suspending withdrawals for Huobi Token (HT).