$PROS Token Suspension Imminent as Upbit Prepares for Pharos Hard Fork

South Korean cryptocurrency exchange Upbit has announced that it will suspend deposits and withdrawals for the Pharos ($PROS) token on July 26 at 3:00 a.m. UTC due to an upcoming hard fork on the Pharos blockchain.

The temporary halt is attributed to the significant protocol upgrade, which introduces new features, security enhancements, or changes to the network's consensus mechanism. Exchanges like Upbit typically suspend services during such events to prevent transaction errors, replay attacks, or loss of user funds.

For users holding $PROS on Upbit, it is essential to be aware of the timeline and plan their transactions accordingly. Deposits initiated shortly before the suspension may not be credited until after the fork is complete, while withdrawals requested during the halt will be queued.