Bithumb Temporarily Suspends Deposits and Withdrawals of OP, KWENTA, WLD, BRETT, and MTL Due to OP Stack Update

IconCryptoNewsTerminal Staff10 Sep, 2024

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Bithumb Temporarily Suspends Deposits and Withdrawals of OP, KWENTA, WLD, BRETT, and MTL Due to OP Stack Update

Bithumb, a leading South Korean cryptocurrency exchange, has announced the temporary suspension of deposits and withdrawals of Ethereum (ETH), Optimism (OP), Quenta (KWENTA), Worldcoin (WLD), Base Network Brett (BRETT), and Metal Layer2 Network Metal (MTL) on September 11th at 2 PM KST. This suspension is due to an upcoming OP stack update. According to Bithumb's official announcement, the suspension will take effect at 2 PM KST on September 11th. The exchange expects the maintenance to be completed within 24 hours, with services resuming at 2 PM KST on September 12th. However, Bithumb noted that the maintenance could take longer than expected. During the maintenance period, users will not be able to deposit or withdraw the affected assets. Bithumb advised users to refrain from making any deposits or withdrawals of these assets during this time to avoid any potential issues. This OP stack update is part of Bithumb's ongoing efforts to maintain a secure and stable trading environment for its users. The exchange regularly conducts system maintenance to ensure that its platform operates smoothly and efficiently.