Binance to Support Shentu (CTK) Network Upgrade and Hard Fork, Temporarily Halts Deposits and Withdrawals

2 hour ago 1 sources neutral

Key takeaways:

  • Binance's operational support for CTK's upgrade signals institutional confidence in Shentu's security-focused blockchain niche.
  • Trading continuity during the hard fork mitigates typical liquidity risks, potentially stabilizing CTK's price through the event.
  • The seamless upgrade process could enhance CTK's credibility, attracting developers seeking audited smart contract platforms.

Binance, the world's largest cryptocurrency exchange, has announced its support for the upcoming network upgrade and hard fork on the Shentu (CTK) blockchain. The exchange will temporarily suspend deposit and withdrawal operations for CTK tokens starting February 25, 2026, at 3:00 PM (UTC) to ensure a smooth technical transition and protect user experience.

The Shentu network upgrade and hard fork is scheduled to occur at block height 28,124,200, approximately at 4:00 PM on the same day. Binance has confirmed it will manage all necessary technical requirements on behalf of its users during this process. Importantly, trading of the CTK token on Binance's spot market will not be affected and will continue uninterrupted throughout the upgrade.

The exchange stated that deposit and withdrawal services will be reinstated once the upgraded network is verified to be stable. No further announcements regarding the resumption are planned. The Shentu network is recognized within the crypto ecosystem for providing blockchain security solutions and smart contract auditing services.

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