Binance has suspended deposit and withdrawal services across all networks, according to its operations page. The move follows an earlier notice from the exchange that it would carry out an infrastructure wallet system upgrade at 14:00 on Sept. 22 and pause related services at the same time. Binance said the upgrade was expected to last one hour. Separately, the USDe/USDT pair on Binance briefly lost its peg earlier in the day, falling to $0.9202 before quickly rebounding to around $0.9987. The pair has since returned to its peg, according to the report from Odaily.
Binance has suspended deposit and withdrawal services across all networks, according to its operations page.
In an earlier notice, the exchange said it would conduct an infrastructure wallet system upgrade at 14:00 on Sept. 22. To support the upgrade, deposits and withdrawals on all networks would be paused at the same time. Binance said the upgrade was expected to last one hour.
Separately, the USDe/USDT pair on Binance briefly depegged earlier today, dropping to $0.9202 before quickly recovering to around $0.9987. It has now returned to its peg.
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