Binance to Temporarily Suspend Conflux (CFX) Deposits and Withdrawals for Network Upgrade
bitcoinworld.co.in Aug 18, 2026

Binance to Temporarily Suspend Conflux (CFX) Deposits and Withdrawals for Network Upgrade

AI-summarised brief · reviewed before publication

Binance announced that it will suspend deposits and withdrawals for Conflux (CFX) on its platform starting 11:00 p.m. UTC on August 24, coinciding with the Conflux network’s planned upgrade and hard fork. The pause is a precautionary measure to protect user funds and maintain transaction stability during the protocol changes. Trading of CFX on Binance will continue uninterrupted, but on‑chain transfers will be blocked until the upgrade completes and the network is deemed stable. Binance will resume services once sufficient stability is confirmed.

💡 Why It Matters

  • · The halt underscores how major exchanges manage risk during blockchain upgrades, ensuring user assets remain secure while network improvements roll out.