Binance has issued an alert regarding the temporary halt of deposit and withdrawal services for selected altcoins through particular network channels. This strategic move is aimed at enhancing user security and reducing risks linked with technological mismatches. It’s essential to note that the interruption will be specific to certain network transactions and won’t entirely affect all operations related to these altcoins on Binance.
What Specific Networks Are Being Affected?
By January 16, 2026, at 11:00 AM (TSI), Binance will terminate deposit and withdrawal capabilities for two altcoins over specific networks. Notably, the Dar Open Network (D) will cease operations over the Ethereum network, while Streamr (DATA) will discontinue its transfer support over the BNB Chain and Polygon networks. Assets transferred post this deadline via these paths are at risk of not being credited, resulting in irretrievable losses.
This change specifically pertains to the networks facilitating the transactions rather than the altcoins themselves. Binance assures users can continue to trade and move these altcoins through alternative networks they support, maintaining uninterrupted trading and internal operations.
Officials from Binance stress the paramount importance of verifying network configurations prior to the scheduled change. Users must be cautious, as improper network selections can lead to non-recoverable transaction losses.
What Should Users Anticipate and Prepare For?
This alteration demands attention from investors regularly engaging with multiple network services. Individuals transacting Dar Open Network and Streamr over Ethereum, BNB Chain, or Polygon are advised to transition to other available networks. Binance continues to update users with network compatibility details via official communication channels and wallet interfaces.
Network modifications such as these generally align with maintenance needs, management of liquidity, or harmonizing with the broader ecosystem. Choosing the correct network path for transactions emerges as a key preventive strategy to safeguard digital assets.
“Users must ensure they’ve selected the proper network to avoid any potential losses,” stated a Binance spokesperson.
- Dar Open Network transfers over Ethereum discontinuing after Jan 16, 2026.
- Streamr will no longer support BNB Chain and Polygon transfers.
- Assets transferred through affected networks post-deadline may not be credited.
- Verification of network configuration is critical before making transactions.
Binance’s decision underscores a commitment to protect user assets by continuously evaluating and adapting its network capabilities. This proactive approach aims to mitigate technical risks while maintaining seamless services for the crypto community. Users are encouraged to stay informed via official updates to ensure smooth transition and asset security.
