Bithumb Halts REI Token Transactions Amid Network Upgrade

Bithumb has announced a temporary halt to REI token deposits and withdrawals beginning May 31, 2025. This measure comes as a result of a network upgrade impacting all major Korean exchanges. The suspension is specific to the REI network and is part of routine exchange procedures aimed at ensuring validator integrity during the upgrade process. Bithumb’s action reflects broader industry practice with other exchanges in Korea temporarily suspending REI transactions during the same upgrade period.