🚨Binance has announced that it will suspend all deposits and transactions on the Cardano (ADA) blockchain on September 1st in support of the long-awaited network upgrade and the Chang hard fork

•The upcoming upgrade was initially scheduled for Wednesday, August 27th. However, many cryptocurrency exchanges, including Binance, were not fully prepared for it.

•Last week, Cardano founder Charles Hawkinsson announced that the network's developers had delayed the hard fork until September 1st to give the platforms more time.

•The magic of deadlines is that people who don't take updates seriously suddenly say, oh shit, we need to move on.

•It seems that Binance and several other companies need more time, so we are going to wait, Charles Hoskinson wrote then. Now almost all sites are ready for updating.

•At least, this has already been reported by the leading cryptocurrency exchanges Binance, Binance US, Coinbase, Bubit, KuCoin, HTX (formerly Huobi Global) and Kraken.