Bithumb Suspends Tezos Services for Network Upgrade

Leading South Korean crypto exchange, Bithumb, has announced a temporary halt in deposits and withdrawals for Tezos (XTZ) to facilitate a crucial network upgrade. The move allows the platform to implement important upgrades that enhance security, performance, and functionality of the Tezos XTZ blockchain. This is a standard procedure within the cryptocurrency ecosystem to ensure long-term stability and scalability. Why Bithumb Needs This Upgrade