Friday, January 28, 2022
Home Crypto News Exchanges Binance Will Support Cosmos (ATOM) Network Upgrade

Binance Will Support Cosmos (ATOM) Network Upgrade

- Advertisement -

Binance, the largest cryptocurrency exchange in the world in terms of daily trading volume, today declared that it would support the Cosmos (ATOM) network upgrade.

According to the official blogpost,

“The Cosmos (ATOM) network upgrade will take place at Cosmos block height of 8,695,000 or approximately at 2021-12-14 06:00 (UTC). Deposits and withdrawals of ATOM will be suspended approximately starting from 2021-12-14 05:00 (UTC).”

The exchange further noted that the trading of ATOM would not be affected during the upgrade. Those users who are holding ATOM in their Binance accounts should not have to worry during the upgrade as all technical requirements involved will be handled by the exchange.

The exchange also notified its users that no new tokens would be created during this upgrade. Additionally, the exchange said that it would reopen deposits and withdrawals for ATOM once Binance is sure that the upgraded Atom network is stable.

- Advertisement -
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

FLOKI Partners With Crypto Education Specialists TechTree to Build the Premier Crypto Educational Platform “Floki University”

Floki Inu (FLOKI) recently declared via tweet that it has partnered with TechTree, the core educational platform for crypto and De-Fi - a core...

Crypto Relief India has decided to move $100 Million USDC Back to Vitalik Buterin Wallet with the Intention to Accelerate Relief Efforts in India

Sandeep Nailwal, a cofounder of Polygon (MATIC) and founder of Crypto Relief, has just posted a CryptoRelief Update via his official Twitter handle. https://twitter.com/sandeepnailwal/status/1487073265319231491 According to...

Ripple Supporters May Wait Until Next Year Before SEC Lawsuit Will End

John Deaton said Ripple supporters may have to wait until next year before a verdict is given in the  lawsuit filed by the Securities...

DeFi Wallet Ambire Gains Momentum, Launches $WALLET Token on Huobi Primelist

Sofia, Bulgaria, 28th January, 2022, — DeFi-focused crypto wallet by Ambire is launching its much anticipated governance token on the Huobi exchange. Ambire...

Celebrate Lunar Spring Festival With Gate.io Theme: A Holiday For Some, Rewards For Everyone.

Gate.io wishes all its users a very happy Lunar Spring Festival! May the year of the Tiger bring you health, wealth, love, and prosperity.

Bradenton Hot Dog Restaurant Embraces Dogecoin As Payment

A Bradenton restaurant named Willy-Yums has announced that customers can now pay for their favorite hot dog sandwiches using popular cryptocurrency dogecoin (DOGE). 

Some Major Thing Coming For SHIB, Shiba Inu Team Teases: ‘Something Is Cooking, Will You Be Ready’

Nowadays, Shiba Inu (SHIB) teases its holders and followers with new surprises. window.coinzilla_display = window.coinzilla_display || ; ...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.