Upbit Temporarily Suspends ATOM: Why and What You Need to Know

Upbit, South Korea’s leading cryptocurrency exchange, has announced a temporary suspension of ATOM deposits and withdrawals for a crucial network upgrade. The 9:00 AM UTC start on November 10th is expected to last several hours, enabling the Cosmos ecosystem to benefit from enhanced security, faster transactions, and new functionalities. This update will impact users’ ability to deposit or withdraw ATOM, while trading activities remain unaffected.