Upbit to suspend deposits and withdrawals for 25 digital assets on July 31

South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals for 25 digital assets from 11:00 a.m. UTC on July 31 to 9:00 p.m. UTC on July 31. The affected assets are BTC, XRP, ETH, SOL, DOGE, XLM, SHIB, ETC, ONDO, LINK, NEAR, AVAX, STX, ENS, ATOM, SAND, WLD, ARB, PEPE, DOT, CTC, AXS, ENA, CRO and APT. Upbit also said applications for ETH, ATOM, CRO and SOL staking will be suspended. The exchange said the service disruption is part of a monthly balance inspection to review the custody and management status of users' deposited assets.