Bithumb temporarily halting deposits for three Avalanche network stablecoins on September 22 afternoon.
Tech & Launches ·
Bithumb announced a temporary suspension of deposits and withdrawals for three stablecoins operating on the Avalanche network, effective from 6 p.m. on September 22. The exchange posted notice of the halt without specifying which three assets were affected or the reason for the pause.
The timing and scope of the suspension remain unclear from the available information. No detail was provided regarding whether the halt applied to both inbound and outbound transfers or only one direction, nor was any stated duration given beyond the start time.
What is not yet known: the identity of the three stablecoins, the underlying cause of the suspension, its expected duration, and whether other exchanges implemented similar measures.