Bithumb, one of the leading cryptocurrency exchanges, has announced a temporary halt on all deposits and withdrawals for the INJ token. This suspension will take effect on December 18th at 9:00 AM UTC, coinciding with a crucial network upgrade for the Injective Protocol. According to the results published in the material, this upgrade is expected to enhance the overall performance and security of the network.
Operational Pause for Security Measures
The exchange emphasized that this operational pause is a standard security measure aimed at safeguarding user funds during the upgrade process.
Enhancing Functionality of the Injective Protocol
Bithumb reassured its users that the temporary suspension is necessary to ensure a seamless transition and enhance the overall functionality of the Injective Protocol.
Stay Updated
Traders are encouraged to prepare accordingly and stay updated by following Bithumb's official channels for further announcements regarding the resumption of services.
On December 15, 2025, a new distribution system for claiming STABLE tokens was introduced, allowing eligible users to streamline their claiming experience. This development contrasts with Bithumb's recent announcement regarding the temporary halt of INJ token transactions. For more details, see read more.
