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May 7, 2025

Binance Suspends Withdrawals and Deposits in Preparation for Ethereum Upgrade

Binance has announced that it will suspend deposits and withdrawals for certain Ethereum-based tokens. This decision is part of the preparations for today’s much-anticipated Ethereum network upgrade. Users will be unable to access their funds during this temporary suspension.

The exchange’s actions reflect its ongoing commitment to support critical upgrades within the Ethereum ecosystem. It is essential for users to stay updated on these developments to avoid disruptions to their trading activities.

This suspension serves as a reminder of the importance of timing in cryptocurrency trading, especially around significant network changes.

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