Binance has announced a temporary suspension of deposits and withdrawals for tokens based on the Rootstock (RSK) network to facilitate a scheduled network upgrade and hard fork. This suspension will commence on October 1, 2025, at 4:00 PM UTC. The upgrade is expected to occur at block height 8,052,200, approximately one hour later at 5:00 PM UTC. Trading of Rootstock-based tokens will remain unaffected during this period. Rootstock is a blockchain platform that integrates smart contracts with the Bitcoin network, allowing users to run applications secured by Bitcoin’s network. Given that major cryptocurrency exchanges like Binance frequently handle transactions involving Rootstock tokens, such upgrades are crucial for enhancing system performance and security. Binance has assured users that it will manage all technical aspects of the upgrade and will reopen deposits and withdrawals once the network stabilizes post-upgrade. Users are advised to follow official communications from the relevant project team for further updates. This upgrade is part of ongoing efforts to improve the Rootstock network’s performance and user experience, which, while temporarily disruptive, ultimately helps to strengthen confidence in the crypto market.
Source: binance