Deniz 
Binance has said that it will assist the forthcoming network upgrade for Horizen (ZEN), set to happen on September 12, 2024, at roughly 08:00 (UTC). Starting from 07:00 (UTC), Binance will momentarily suspend token deposits and withdrawals on the Horizen network in order to guarantee a seamless transition and the best user experience on the same day.
Details of the Suspension
The planned network improvement takes place at 1,627,572 block height. While deposits and withdrawals will be suspended during this time, ZEN token trading on Binance won’t be impacted. Binance has reassured its customers that it will manage all technical aspects of the upgrading process.
Resumption of Services
Binance will quickly resume deposits and withdrawals on the Horizen network once the network improvement is finished and judged stable. Services should be expected to start without more announcements, therefore reflecting the return to routine activities.
User Advisory
Binance advises its users to take note of the suspension and plan their transactions accordingly. The exchange emphasizes that the suspension is a temporary measure to facilitate the network upgrade and ensure the integrity of user transactions on the Horizen network.
For more details, you can visit the official announcement page.
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