Bithumb Temporarily Halts ATOM Deposits and Withdrawals for Network Upgrade
CryptoNewsTerminal Staff20 Aug, 2024
Bithumb Temporarily Halts ATOM Deposits and Withdrawals for Network Upgrade
Bithumb Suspends ATOM Deposits and Withdrawals In an official announcement, Bithumb has declared the temporary suspension of Cosmos (ATOM) deposits and withdrawals starting from 6 p.m. on August 21st. This measure is taken due to an impending network upgrade for ATOM. Bithumb urges users to refrain from depositing or withdrawing ATOM during the specified period. Once the upgrade is complete, Bithumb will promptly resume ATOM services. The exchange will keep users updated on the progress of the network upgrade. This suspension is a precautionary measure to ensure the safety and integrity of ATOM transactions during the upgrade. Bithumb advises users to monitor the exchange's official announcements for further updates.
