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Bithumb Halts TRX-Based Token Deposits and Withdrawals Ahead of TRON Network Upgrade

Guavy AI Editorial Team
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Bithumb has announced that it will temporarily halt deposits and withdrawals for eight TRX-based tokens to facilitate a scheduled network upgrade on the TRON blockchain.

The suspension is set to begin at 9:00 a.m. UTC on August 16 and will affect BitTorrent (BTT), JUST (JST), APENFT (NFT), SUN (SUN), Sundog (SUNDOG), TRON (TRX), Tether (USDT), and WINkLink (WIN).

The network upgrade is designed to improve performance, security, or functionality on the TRON blockchain. The exact scope of the upgrade has not been fully detailed in Bithumb's announcement.

For active traders on Bithumb, the suspension could affect arbitrage strategies or timely transfers to external wallets.

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