Orhan 
This morning, Binance announced its support for the Shentu (CTK) network upgrade. Following this announcement, CTK coin experienced a surge of approximately 10%.
To ensure a seamless experience for its users, Binance stated it will temporarily suspend CTK token deposits and withdrawals on November 19, 2024, at 06:00 AM to support the network upgrade and hard fork.
Key Points to Note:
– The trading of tokens on the specified network will not be affected.
– Binance will handle all technical requirements on behalf of its users.
– Deposits and withdrawals for tokens on the upgraded network will resume once the network is deemed stable.
What Is a Hard Fork?
A hard fork is a protocol update that validates previously invalid blocks or transactions. In such cases, all nodes or users must upgrade to the latest version of the protocol software. In simpler terms, a hard fork is a permanent divergence from the previous version of the blockchain.
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