Bithumb Temporarily Halts XPLA Deposits and Withdrawals for Network Upgrade
Bithumb, a South Korean cryptocurrency exchange, has announced that it will temporarily halt deposits and withdrawals of XPLA, a token tied to the gaming-focused XPLA blockchain, starting at 8:00 a.m. UTC on August 25.
The suspension is due to an XPLA network upgrade and maintenance, which is a common procedure in the crypto space to implement protocol improvements, enhance security, or introduce new features.
Bithumb has advised users to ensure their XPLA deposits are confirmed before the suspension time to avoid delays. Trading of XPLA on Bithumb's platform may continue, but users should expect potential disruptions in deposit and withdrawal processing.