Bitcoin Exchange Upbit Has Halted Deposits and Withdrawals in These Altcoins Due to Optimism Network Upgrade!

Upbit, a leading global cryptocurrency exchange, has announced the temporary suspension of deposit and withdrawal services for Metal (MTL), Lisk (LSK), Brett (BRETT), Carv (CARV), and Plian (PI) due to the upcoming Optimism network upgrade.

Upbit Announces Temporary Suspension of Deposit/Withdrawal Services for MTL, LSK, BRETT, CARV, PI Due to Optimism Network Upgrade

The suspension will begin at 22:00 KST on Thursday, January 9, 2025, and will remain in effect until the stability of the upgraded network is confirmed. The resumption of services will be announced in an official update.

Affected Digital Assets and Services

Deposit and Withdrawal: MTL, LSK, BRETT, CARV

Withdrawal Only: PI (Note: PI is a delisted asset on Upbit and is only available for withdrawal).

Reasons for Suspension

The temporary suspension is necessary to ensure the security and stability of the platform during the Optimism network upgrade.

Resumption of Services

Once the network upgrade is complete and its stability is verified, Upbit will restore deposit and withdrawal services. Updates on the exact timing will be provided via official announcements.

Important Notes for Users

During the suspension period, deposit refunds for affected digital assets will be temporarily unavailable. Refunds will be processed sequentially once services resume.

Deposits may experience delays due to network congestion. Additionally, discrepancies may occur between blockchain confirmations and deposit reflections.

For any unforeseen wallet or network maintenance, transactions may experience delays and will only be processed after thorough post-maintenance verification.

*This is not investment advice.