Bithumb temporarily suspended deposits and withdrawals for MultiverseX (EGLD) starting August 6 at 6:00 PM.
Tech & Launches ·
Bithumb, a major South Korean cryptocurrency exchange, suspended deposits and withdrawals for MultiverseX (EGLD) beginning August 6 at 6:00 PM. The exchange did not publicly specify an end date for the service halt at the time of announcement.
The reason for the suspension was not detailed in the notice. Temporary halts on asset transfers at exchanges typically occur during network upgrades, wallet maintenance, or technical reviews, though Bithumb's announcement did not clarify which circumstances applied in this case.
It remains unclear whether other exchanges implemented similar suspensions or whether the pause affected only Bithumb's platform. No information was provided on when deposits and withdrawals would resume.