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Binance to pause deposits and withdrawals of select token networks for Ethereum upgrade

Binance will suspect the deposits and withdrawals of chip networks from around 2025-05-07 09:45 (UTC) to support the upgrade of the Ethereum network and the hard fork, guaranteeing the best user experience.

Binance confirmed Management of the upgrade of the ETH network and the hard fork set for May 7, 2025. Crypto exchange suspend the deposits and withdrawals of tokens (s) on ethereum (ETH), arbitrum (base), optimism (op), zksync era (ZKSYNC), base (base), MANTA NETWORK (MANTA), Starknet (Strk) (Polon), Mantol (SCR), Cyber ​​(Cyber), Metal Dao (MTL), Celo (Celo) and Worldcoin (WLD) Networks from May 7 around 09:45 (UTC) to support the upgrade of the Ethereum network and the hard fork to ensure the best user experience.

Binance suspends deposits and withdrawals for Ethereum upgrade

According to the official announcement, Binance revealed that it would support the upgrading of the Ethereum (ETH) network and the fork lasts at 10:05 am (UTC) on May 7, 2025.

To ensure a good continuous user experience, the platform suspend the deposit and withdrawal services of tokens on Ethereum (ETH), arbitrum (arb), Optimism (op), Zksync Era (ZKSYNC), Base (Base), MANTA (MANTA), Starknet (Strk), Polygon (POL), Metalie (METIS), Scroll (Scroll) (Celo), and the WorldCoin network (WLD) 15 minutes before upgrading at 09:45 (UTC).

Binance also revealed that the trading functions of tokens on the aforementioned networks would not be affected, and it would manage all the technical requirements for users.

“Deposits and withdrawals of tokens on the aforementioned networks will be reopened once they are deemed stable. No other announcement will be displayed.”

Binance team

Binance previously suspended the deposits and withdrawals of tokens on the Iota network (IOTA) on May 5 around 6:00 am (UTC) to take charge of the network upgrade and its last fork and also suspended the deposits and withdrawals of tokens (s) on the Thorchain network (Rune) on May 1 at 2:00 p.m. (UTC) to support its network and hard network.

Ethereum SCHEDULES PRAGUE FORK containing several EIP

Ethereum had previously announced that the Prague fork should also occur on the maint of the time time for blocks “sea May 07 10:05:11 2025 UTC”. The fork will contain several EIPs, including EIP-2537, which will add an operation on the BLS12-381 curve as precompiled in a necessary set to carry out operations effectively such as verification of the BLS signature.

The EIP-2935 will store and serve the hashs of 8,191 blocks as storage places for a system contract to allow execution without state. At the same time, EIP-6110 will provide validateur deposits as a list of deposit operations added to the execution layer block, and EIP-7002 will allow validators to trigger outputs and partial withdrawals via their execution layer withdrawal (0x01).

EIP-7251 will also increase the Max_Effectif_Balance, allowing validators to have greater effective balances while maintaining the lower limit of 32 ETH. The EIP-7549 will move the committee index outside the “signed certificate message” and EIP-7623 will increase the cost of call data to reduce the maximum block size.

The EIP-7685 will include a general use bus to share the requests for the execution layer (EL) with the Consensus layer (CL), and EIP-7691 will increase the number of Blobs to reach a new target and max of 6 and 9 Blobs per block, respectively. In addition, EIP-7702 will add a new TX type to permanently define the code for an EOA, while EIP-7840 will include the Blob parameters by fork in the customer configuration files.

In particular, the RPCs in terms of transactions will now add TXS to the “locals” tracker only when they have a chance of inclusion, which will be a bit of a return of the behavior added in “ Multicapacitor v1.15.4 '- where the APIs such as the transaction are not included on the manufacturing.

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