Upbit Suspends Chiliz Chain Deposits/Withdrawals for Network Hard Fork
CryptoNewsTerminal Staff11 Jun, 2024
Upbit Suspends Chiliz Chain Deposits/Withdrawals for Network Hard Fork
Upbit, a major South Korean cryptocurrency exchange, announced the suspension of deposits and withdrawals of Chiliz (CHZ) tokens and related tokens starting from 12 PM on June 17th. This suspension is due to a scheduled network hard fork on the Chiliz (CHZ) chain. The hard fork aims to upgrade the network and improve its functionality. During the hard fork, deposits and withdrawals of CHZ and related tokens (PSG, JUV, ACM, AFC, ATM, BAR, CITY, INTER, NAP, SPURS) will be unavailable on Upbit. Upbit recommends its users to complete all CHZ-related transactions before the suspension takes effect.