Binance to Suspend Moonbeam Network Deposits and Withdrawals for GLMR Upgrade

The exchange said token deposits and withdrawals on Moonbeam (a Polkadot-compatible blockchain) will stop from 12:00 UTC on April 13 ahead of a network upgrade scheduled about one hour later.

DOT

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Network upgrade: A blockchain protocol update that can change system rules, performance, or compatibility for users and infrastructure providers.
  • Moonbeam: A smart contract (self-executing blockchain code) platform connected to the Polkadot ecosystem and designed for Ethereum-compatible applications.
  • Block height: The numbered position of a block in a blockchain, commonly used to schedule technical events such as upgrades.