Bithumb to Suspend Chainlink Token Deposits and Withdrawals for Network Upgrade
CryptoNewsTerminal Staff22 Jul, 2024
Bithumb to Suspend Chainlink Token Deposits and Withdrawals for Network Upgrade
Bithumb, a renowned cryptocurrency exchange, has announced that it will temporarily halt deposits and withdrawals of Chainlink Token (CTK) today at 3 p.m. Central Time (CT). The suspension is necessary due to an upcoming network upgrade. Bithumb encourages its users to take note of this temporary inconvenience and plan their transactions accordingly. The exchange will provide updates on the resumption of CTK deposits and withdrawals once the upgrade is complete. This network upgrade is a significant step for the Chainlink ecosystem, as it will enhance the network's scalability, security, and efficiency. Bithumb's support for this upgrade demonstrates its commitment to providing a reliable and secure trading environment for its customers.
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