Bithumb Halts REI Token Deposits and Withdrawals Due to Technical Issue

South Korean cryptocurrency exchange, Bithumb, has temporarily halted deposits and withdrawals for the REI token. This action was taken due to a technical issue on the REI Network, which is responsible for supporting the REI token’s functionality. The block generation pause means the blockchain network is unable to process new transactions, resulting in REI token transfers being blocked until resolved. Bithumb cites this as a necessary step to protect user assets and maintain platform stability during such periods of network instability.