Binance Prepares for THORChain’s Network Upgrade

Cryptocurrency exchange giant Binance is proactively preparing for the upcoming upgrade of THORChain (RUNE) on May 1, 2025. This update will involve a hard fork and is expected to require temporary suspension of deposits and withdrawals via the THORChain network starting at 17:00 local time on May 1st. Binance aims to ensure seamless user experiences throughout this transition. The exchange also outlines clear guidelines for stakeholders engaging with RUNE during this process.