Stacks network block generation latency, Upbit has suspended STX deposit and withdrawal services.

2025-05-24 02:42:55

Abstract generation in progress

According to a Deep Tide TechFlow message on May 24, Upbit announced that due to a latency issue in the Stacks (STX) network, Upbit has suspended the deposit and withdrawal services for STX.

Upbit stated that the suspension will last from the time the announcement is made until network stability is confirmed, at which point users will be notified of the resumption of services through an announcement. The exchange particularly reminds users that depositing STX to the Upbit wallet address during the suspension may result in funds not being credited and being unrecoverable.

The suspension of deposit and withdrawal services does not affect the trading functionality of STX on the platform, and users can still buy and sell STX normally. Upbit stated that it will maintain close cooperation with the Stacks project team to ensure the safety of user assets and will update announcements in a timely manner if there are any changes in the situation.

STX4,27%

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