Cryptocurrency exchange Binance informed its users today about two altcoins. The cryptocurrencies mentioned are Sei (SEI) and Kadena (KDA). Let’s look at the details of Binance’s announcement.
Binance Announces Sei (SEI) and Kadena (KDA) Updates
In the announcement by Binance, it was stated that from May 27, 2024, at 17:00 Turkey time, deposit and withdrawal transactions for tokens on the Sei (SEI) network will be suspended to support the network upgrade for the best user experience. Accordingly, the network upgrade will occur at block height 79.123.881 or approximately at 18:00 Turkey time on May 27, 2024.
The Kadena (KDA) network upgrade and hard fork will occur at block height 4.819.246 or approximately at 03:00 Turkey time on May 30, 2024. Binance will suspend deposit and withdrawal transactions for tokens on the Kadena (KDA) network at 02:00 Turkey time on May 30, 2024.
What Are the Other Details?
Informing its users about other details, Binance stated that the trading of tokens on the mentioned networks will not be affected.
Binance also emphasized that it will meet all relevant technical requirements for all users. Deposit and withdrawal transactions for tokens on the aforementioned networks will reopen once the upgraded network is deemed stable. Additionally, no further announcement will be made.
