Bithumb Suspends ATOM Deposits and Withdrawals for Network Upgrade

IconCryptoNewsTerminal Staff16 Jul, 2024

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Bithumb Suspends ATOM Deposits and Withdrawals for Network Upgrade

Bithumb, a major cryptocurrency exchange, has announced the suspension of Cosmos (ATOM) deposits and withdrawals for a network upgrade. The suspension will take effect on [date] at 18:00 KST. The upgrade is expected to improve the security and stability of the Cosmos network. During the upgrade, users will not be able to deposit or withdraw ATOM from Bithumb. The exchange will resume ATOM deposits and withdrawals as soon as the upgrade is complete. Bithumb advises users to take the necessary precautions and plan their transactions accordingly. In case of any questions, users can reach out to the Bithumb support team for assistance.