Upbit Halts Akash Network Deposits for Maintenance, Trading Uninterrupted

Upbit, a prominent South Korean cryptocurrency exchange, has temporarily halted deposits and withdrawals for the Akash Network (AKT) token on November 24th. This suspension is part of routine maintenance scheduled to enhance platform security and performance. While trading on Upbit remains unaffected, AKT’s deposits and withdrawals are paused during this period. This action is expected to have no significant impact on global cryptocurrency markets as the service disruption only affects Upbit’s infrastructure. Analysts suggest a temporary dip in AKT’s price but anticipate short-term volatility rather than long-term repercussions.