Bithumb will suspend deposits and withdrawals for 28 BNB Chain assets on August 25, with the network upgrade expected to be completed by 11:30 AM.

BlockBeats News, August 21, Bithumb, a South Korean cryptocurrency exchange, announced that it will temporarily suspend the deposit and withdrawal services of 28 related digital assets starting from 9:00 on August 25 (Korean time) to support the BNB Smart Chain network upgrade and node server update.

The affected assets include BNB, ASTER, CAKE, FLOKI, PUMPBTC, SFP, SOLV, USD1, XVS, C98, EDU, GMT, HOOK, LISTA, and 14 other assets, with the suspension only affecting the BNB Smart Chain network.

Bithumb expects to complete the node server update by 11:30 on August 25 (Korean time), but the specific time may change depending on the network conditions and block generation speed. Once the network is stable, the platform will announce the resumption of the deposit and withdrawal services.

The announcement emphasizes that trading of the affected assets can still be conducted normally during the suspension period, but users should be aware of potential significant price fluctuations.