Urgent: Bithumb NEAR Suspension Announced for August 18 Network Update
Main Idea
Bithumb will temporarily suspend NEAR token deposits and withdrawals starting August 18 at 03:00 UTC due to a NEAR Protocol network update, aiming to ensure security and stability.
Key Points
1. Bithumb announced a temporary suspension of NEAR token services (deposits and withdrawals) starting at 03:00 UTC on August 18.
2. The suspension is due to a NEAR Protocol network update, which requires temporary halts to ensure transaction safety and system stability.
3. Users are advised to complete necessary NEAR transactions before the suspension begins and monitor official Bithumb channels for updates on service resumption.
4. Temporary suspensions during blockchain updates are common practice among cryptocurrency exchanges to maintain security and reliability.
5. The suspension is expected to be lifted after the network update is completed and thoroughly tested, though no specific end time was provided.
Description
BitcoinWorld Urgent: Bithumb NEAR Suspension Announced for August 18 Network Update South Korean cryptocurrency exchange Bithumb recently made an important announcement that impacts users of the NEAR token. They confirmed a temporary Bithumb NEAR suspension for both deposits and withdrawals, a measure taken to facilitate an essential network update. This development is crucial for anyone holding or planning to transact with NEAR on the platform. Understanding the Bithumb NEAR Suspension Bithumb,...
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