Binance Backs This Altcoin’s Network Upgrade, Increasing Token Supply
23.10.2024 16:00 1 min. read Alexander Stefanov
The top cryptocurrency exchange Binance announced it will support a crypto project's network upgrade this month.
Binance will support the Viction (VIC) network upgrade and hard fork set for October 29, 2024.
To ensure a smooth process, Binance will pause VIC deposits and withdrawals at 10:00 AM, with the upgrade expected around 11:00 AM.
Post-upgrade, the token supply will rise from 100 million to 210 million, with 20 million tokens immediately added to circulation.
A risk warning will appear for VIC traders, but trading will remain unaffected. Binance will handle all technical adjustments automatically, and deposits and withdrawals will resume once the network is stable.
This upgrade aims to adjust Viction’s tokenomics and improve network functionality, with Binance ensuring a seamless transition for users.
-
1
Crypto Market Moves Toward Stability as Interest in Memecoins Drops
12.02.2025 18:00 1 min. read -
2
Brazil Approves First Spot XRP ETF
20.02.2025 13:00 2 min. read -
3
Pi Network Sees Unprecedented Surge in Popularity Ahead of Mainnet Launch
18.02.2025 17:00 1 min. read -
4
Coinbase Adds Experimental Label to Newly Launched IP Token
15.02.2025 13:00 1 min. read -
5
Coinbase Expands Listings Again with New Solana Memecoins
13.02.2025 9:00 1 min. read
Can Cardano Overtake Solana? Three Factors That Could Tip the Scale
Cardano (ADA) could gain an upper hand over Solana (SOL) under certain conditions, according to analyst AM_Panic.
Offchain Labs Boosts ARB Token Acquisition as Crypto Struggles
Bitcoin and other cryptocurrencies are facing significant downturns. Despite Donald Trump’s plans to build a Bitcoin reserve, Bitcoin (BTC) has struggled to make gains, remaining around the $80,000 mark.
SEC Delays Decision on Key Cryptocurrency ETFs, Extending Review Until May
The US Securities and Exchange Commission (SEC) has extended its timeline to decide on several cryptocurrency exchange-traded funds (ETFs), including those tied to XRP, Solana, Litecoin, and Dogecoin.
Franklin Templeton Joins XRP ETF Race as SEC Weighs Proposals
Financial giant Franklin Templeton, managing a staggering $1.53 trillion in assets, has officially entered the race to launch an XRP exchange-traded fund (ETF).
-
1
Crypto Market Moves Toward Stability as Interest in Memecoins Drops
12.02.2025 18:00 1 min. read -
2
Brazil Approves First Spot XRP ETF
20.02.2025 13:00 2 min. read -
3
Pi Network Sees Unprecedented Surge in Popularity Ahead of Mainnet Launch
18.02.2025 17:00 1 min. read -
4
Coinbase Adds Experimental Label to Newly Launched IP Token
15.02.2025 13:00 1 min. read -
5
Coinbase Expands Listings Again with New Solana Memecoins
13.02.2025 9:00 1 min. read
