Binance to Support Harmony (ONE) Network Upgrade and Hard Fork

Binance has announced its support for the forthcoming network upgrade and hard fork of Harmony (ONE).Scheduled to happen at block height 49,152,000, approximately around November 2nd, 2023, at 17:30 UTC, both deposit and withdrawal functionalities for tokens on the affected network will temporarily be halted starting from 16:30 UTC on the same day.However, it is important to note that the trading activities of the tokens on the said network will remain unaffected amidst this upgrade. As Binance assures to take charge of all the technical requisites for its users, traders can continue seamlessly.Once the upgraded network is confirmed to be stable, the suspended deposit, and withdrawal services of the associated tokens will be reinstated. The company has clarified that no follow-up announcement will be made regarding the resumption. Traders and users are hence suggested to stay updated by keeping a close watch on network activities.