Crucial Aptos Network Upgrade: Bithumb Temporarily Halts APT Deposits & Withdrawals

Key Points

1. Bithumb announced a temporary suspension of APT deposits and withdrawals starting at 09:00 UTC on July 23 to support the Aptos network upgrade.

2. The Aptos network upgrade aims to enhance performance, security, and features of the blockchain, which is designed for scalability and decentralized applications.

3. During the suspension, APT trading on Bithumb will likely remain active, but users should verify this with the exchange's official announcements.

4. Users are advised to complete any necessary APT transactions before the suspension begins to avoid inconvenience or potential loss of funds.

5. The suspension duration depends on the upgrade process and Bithumb's system updates, with the exchange announcing the resumption of services once completed.