Bithumb Suspends Ethereum Transactions for Network Upgrade

Leading Korean exchange, Bithumb, has announced a temporary suspension of Ethereum network services for a crucial network upgrade. This action is necessary to ensure a smooth transition during the upcoming Ethereum hard fork. The suspension, scheduled to begin at 7:00 AM UTC on December 4th, affects all transactions on the Ethereum blockchain, including popular tokens like USDT (Tether), USDC (USD Coin), and SHIB (Shiba Inu). However, trading of these assets is expected to continue as normal. The suspension only impacts deposits and withdrawals to and from the Ethereum network.