Binance to Halt THORChain Deposits and Withdrawals for Network Upgrade

The exchange will pause RUNE token transactions on September 18, 2025, to support a scheduled upgrade and hard fork.

RUNE

Summary

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Terms & Concepts
  • Network Upgrade: A planned update to a blockchain's protocol to improve performance, security, or functionality.
  • Hard Fork: A significant protocol change that makes previously invalid blocks or transactions valid, often requiring all participants to upgrade.
  • THORChain (RUNE): A decentralized liquidity protocol that enables cross-chain cryptocurrency exchanges without centralized intermediaries.