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by: xpoolPosted on: August 13, 2025

Upbit Suspends NEAR Deposits & Withdrawals Ahead of Upgrade

Cryptocurrency exchange Upbit has announced a temporary suspension of NEAR deposits and withdrawals, effective August 18th at 03:00 UTC. This step is crucial for ensuring a smooth transition during the upcoming NEAR Protocol upgrade, which aims to enhance network performance, security, and scalability. Users are advised to complete any pending deposits or withdrawals before the deadline.

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