Bithumb to Halt ATOM Deposits and Withdrawals Today for Network Upgrade
CryptoNewsTerminal Staff05 Jun, 2024
Bithumb to Halt ATOM Deposits and Withdrawals Today for Network Upgrade
Bithumb, a major cryptocurrency exchange, has announced that it will be temporarily suspending deposits and withdrawals of Cosmos (ATOM) today, June 5th, at 18:00 KST. The suspension is due to a network upgrade for the Cosmos blockchain. During the upgrade, the Cosmos network will be unavailable, which will prevent Bithumb from processing ATOM deposits and withdrawals. Bithumb has not yet announced when the suspension will be lifted, but it is expected to be completed within a few hours. This is a developing story, and we will update this article as more information becomes available.
