Upbit Temporarily Suspends Deposits and Withdrawals of ONT, ONG, and MBL
CryptoNewsTerminal Staff20 May, 2024
Upbit Temporarily Suspends Deposits and Withdrawals of ONT, ONG, and MBL
Upbit, a South Korean cryptocurrency exchange, has announced on its official website that it will temporarily suspend deposits and withdrawals of Ontology (ONT), Ontology Gas (ONG), and MovieBloc (MBL) due to the suspension of block production by Ontology. Upbit stated that the suspension will take effect on March 10, 2023, at 09:00 AM (KST). Users will not be able to deposit or withdraw ONT, ONG, and MBL during the suspension period. Upbit added that it will provide further updates on the situation and the resumption of deposits and withdrawals once the block production of Ontology is resumed. In the meantime, Upbit users are advised to refrain from depositing or withdrawing ONT, ONG, and MBL until the suspension is lifted.
