Upbit has suspended deposits and withdrawals of Ontology Network-related assets, affecting ONT, ONG, and MBL.

BlockBeats News, August 31. South Korean cryptocurrency exchange Upbit announced that due to Ontology Network undergoing a network check, it will temporarily suspend the digital asset deposit and withdrawal service based on the Ontology Network.

The affected assets include Ontology (ONT), Ontology Gas (ONG), and MovieBloc (MBL). The suspension will be effective from the announcement date until Upbit confirms the security of the network deposit and withdrawal, and the specific resumption time will be announced separately.

Upbit stated that the trading service for the affected assets is not affected. However, during the suspension period, user deposit, withdrawal address registration, and refund processing will be temporarily suspended. If you deposit the relevant assets to Upbit during the suspension period, the deposit may not be credited correctly, and there is a risk that it may not be recoverable.