Binance go pause CTK deposits and withdrawals because Shentu hard fork
Binance go temporarily stop deposits and withdrawals for Shentu (CTK) to support scheduled Shentu network upgrade and hard fork. Dem announce say the pause go start 12:00 UTC for 25 February 2025; spot trading for CTK go still dey available for Binance while on-chain transfers to and from external wallets go disabled. Binance call the suspension normal safety measure and talk say deposits/withdrawals go resume only after dem don confirm network stable after the upgrade. Earlier report mention different outage window (20:00 UTC on 24 October 2025 tied to block height 26,267,300), show say timing fit change between updates — traders suppose follow Binance official channels for the correct schedule. No action needed from users beyond finish any external transfers before the suspension start. Expect small-term price volatility around the upgrade; similar past upgrades usually last 12–48 hours. SEO keywords: Binance, CTK, Shentu, hard fork, deposit suspension, withdrawal suspension, network upgrade.
Neutral
Di suspension of deposits and withdrawals na just normal response from exchange to planned network upgrade and normally e no dey change di project fundamental prospects. Short-term wahala for CTK fit happen because on-chain access don block and traders fit reposition around di event; dis fit cause temporary price swings or liquidity shifts. But since spot trading still dey open for Binance and dem frame di upgrade as performance and security improvements, no clear directional catalyst dey for sustained price gains or losses. Historical hard forks/upgrades usually bring small short volatility then things dey return to normal trend once normal flows resume, so e neutral for price impact.