Upbit, a leading South Korean cryptocurrency exchange, has announced that it will be temporarily suspending deposits and withdrawals for Near Protocol (NEAR) starting from April 13. The suspension is intended to support a network upgrade that will enhance the overall functionality and security of the NEAR blockchain.
The temporary halt in transactions will commence at 3:00 a.m. UTC on April 13, and is expected to last for an unspecified duration. During this time, users will not be able to deposit or withdraw NEAR from their Upbit accounts.