Upbit Suspends MAGIC Deposits Due to Ethereum Migration

Crypto traders, note that Upbit has announced a suspension of MAGIC token deposits and withdrawals. This is in preparation for the upcoming migration of the MAGIC token from its Treasure Chain network to Ethereum, a move aimed at enhancing the token’s utility and integration with DeFi protocols. The suspension will start on May 28th at 02:00 UTC and will last until the successful completion of the migration process.