TechFlow, May 24 — According to an Upbit announcement, due to block generation delays on the Stacks (STX) network, Upbit has suspended STX deposits and withdrawals.
Upbit stated that the suspension will remain in effect from the time of the announcement until network stability is confirmed, after which users will be notified via announcement when services resume. The exchange specifically warned users that depositing STX to Upbit wallet addresses during the suspension may result in funds not being credited and cannot be recovered.
The suspension does not affect STX trading functionality on the platform; users can still buy and sell STX normally. Upbit said it will continue close collaboration with the Stacks project team to ensure user asset security and will provide timely updates as the situation evolves.
