Binance temporarily suspended deposits and withdrawals on the Ethereum network on August 27 for wallet maintenance, with an estimated downtime of approximately one hour. The exchange will delist three altcoins — ICON (ICX), Secret (SCRT), and Storj (STORJ) — starting September 3, removing all associated spot trading pairs. Since the announcement, SCRT has dropped 25% in just 24 hours, demonstrating the typical market impact of such decisions. These delistings align with Binance’s standard policy of removing digital assets that no longer meet its criteria for network stability, trading volume, and community engagement. Normal operations are expected to resume after maintenance without affecting trading of tokens on the Ethereum network.
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