Upbit Issues Crucial Update: HP Deposits & Withdrawals Temporarily Halted for Network Upgrade
Main Idea
Upbit has announced a temporary halt on Hippo Protocol (HP) deposits and withdrawals starting July 14, 2024, at 06:00 UTC due to a planned network upgrade for the Hippo Protocol blockchain.
Key Points
1. Upbit, a leading South Korean crypto exchange, will suspend HP deposits and withdrawals on July 14, 2024, at 06:00 UTC.
2. The suspension is due to a planned network upgrade for the Hippo Protocol blockchain.
3. The affected services include deposits and withdrawals of Hippo Protocol (HP) tokens.
4. Users must complete any HP transfers before the suspension begins to avoid disruptions.
5. Network upgrades are common in blockchain projects to improve performance, security, or functionality.
Description
BitcoinWorld Upbit Issues Crucial Update: HP Deposits & Withdrawals Temporarily Halted for Network Upgrade In the fast-paced world of digital assets, staying informed about exchange announcements is paramount. A recent update from South Korean crypto exchange, Upbit , has caught the attention of many, particularly those holding Hippo Protocol (HP) tokens. This isn’t just a routine notice; it’s a critical heads-up for anyone involved with HP, indicating a temporary halt in services that impacts t...
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