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Bithumb Halts TAIKO Transactions for Brief Network Upgrade

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The South Korean cryptocurrency exchange Bithumb will temporarily halt TAIKO deposits and withdrawals to facilitate a scheduled network upgrade on the Taiko blockchain.

The suspension, which begins at 7:00 a.m. UTC today, is necessary to ensure that transactions are not lost or processed incorrectly during the transition.

Bithumb has not specified an exact duration for the maintenance window but notes that similar upgrades typically last only a few hours.

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