Bithumb suspends SEI deposits and withdrawals due to network upgrade

IconCryptoNewsTerminal Staff14 Jul, 2024

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Bithumb suspends SEI deposits and withdrawals due to network upgrade

Bithumb, a major South Korean cryptocurrency exchange, has announced that it will temporarily suspend deposits and withdrawals of Sei (SEI) at 6 pm (Korean time) on July 15th. The suspension is due to a network upgrade that will take place on the Sei blockchain. During the upgrade, the network will be temporarily unavailable, and deposits and withdrawals of SEI will not be possible. Bithumb said that the suspension will be lifted once the network upgrade is complete, which is expected to take a few hours. Customers who have any questions about the suspension can contact Bithumb's customer support team.

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