Bithumb Pauses SPURS Deposits and Withdrawals During Chiliz Chain Upgrade
CryptoNewsTerminal Staff20 May, 2024
Bithumb Pauses SPURS Deposits and Withdrawals During Chiliz Chain Upgrade
Bithumb, a renowned South Korean cryptocurrency exchange, has announced the temporary suspension of deposits and withdrawals for Tottenham Hotspur (SPURS) tokens on May 21st at 10:00 AM KST. This measure is being implemented to facilitate a scheduled network upgrade on the Chiliz Chain, the blockchain powering SPURS tokens. During the upgrade, deposits and withdrawals of SPURS will be unavailable. Bithumb assures users that the suspension is temporary and aims to enhance the overall stability and performance of the Chiliz Chain. The platform will provide updates on the resumption of SPURS transactions once the upgrade is complete. This announcement serves as a reminder to investors and traders to plan their activities accordingly. Bithumb's commitment to ensuring a smooth and secure trading experience remains unwavering, and this temporary measure is part of their ongoing efforts to maintain the integrity of the platform and the assets it supports. ---
