CoinStats - Binance Halts Polygon Withdrawals as Major Ne...

Binance will temporarily stop the input and withdrawal of funds in the Polygon network - World Stock Market

The largest cryptocurrency exchange of Binance has announced the suspension of operations with Polygon (Pol) tokens in the Polygon network. The restrictions are related to the upcoming blockchain hard fork. The restrictions will begin on July 1 at 07:00 UTC (10:00 in Moscow), the announcement says. The introduction of deposits and the withdrawal of crypto assets will be resumed after the update is completed as soon as the network confirms the st…

CoinStats - Binance Halts Polygon Withdrawals as Major Ne...

Binance has announced a temporary suspension of deposits and withdrawals on the Polygon (POL) network. This action is scheduled to begin on July 1 at 8:10 a.m. UTC as the Polygon network undergoes a significant upgrade. The suspension is necessary to support the Bhilai Hard Fork, which introduces improvements to the network’s performance and scalability. Hard fork is set at block 73440256 date, and this is likely to be around 9:10 a.m. UTC on th…

Here’s how Binance is supporting Polygon’s network upgrade

Layer 2 blockchain Polygon is set for an upgrade this week, and crypto exchange Binance is taking steps to support this process. According to an official June 30 notice, Binance will temporarily suspend deposits and withdrawals for the Polygon network…

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Binance to Pause Polygon Deposits and Withdrawals During Network Upgrade

According to the exchange, this pause will begin at 11:10 UTC and is intended to ensure everything runs smoothly during the technical update. The upgrade is set to happen at block number 73,440,256, which is expected to be reached around 12:10 UTC on the same day. Despite the brief pause in deposits and withdrawals, trading of POL tokens on Binance will continue as normal. Users won’t need to do anything — Binance will manage all the technical w…