Bithumb to temporarily suspend Arbitrum network deposits, withdrawals

South Korean crypto exchange Bithumb has announced it will temporarily suspend deposits and withdrawals for 12 cryptocurrencies on the Arbitrum network to support an upcoming network upgrade. The suspension is scheduled to begin at 9:00 a.m. UTC on Jan. 8. The affected assets are ARB, GMX, ZTX, MAGIC, XAI, ZRO, BOUNTY, ANIME, OBT, MLK, ETH, and LZM.