Bullish
Upbit Suspends ONT, ONG, and MBL Deposits and Withdrawals from August 20
13:17
Upbit halts deposit and withdrawal services for Ontology-based assets starting August 20, 2026, due to a network upgrade. Trading remains active until stability is confirmed.
Woofun AI reports that Upbit will suspend deposit and withdrawal services for digital assets on the Ontology network beginning at 23:00 on August 20, 2026 (Korean time). The affected tokens include Ontology (ONT), Ontology Gas (ONG), and MovieBloc (MBL). Trading operations for these assets will continue without interruption during the maintenance window. Upbit will restore deposit and withdrawal functions after confirming network stability following the upgrade, with details provided via a subsequent announcement.
WOOFUN AI
Impact Assessment · Quick Read
The suspension of deposits and withdrawals for ONT, ONG, and MBL reflects routine maintenance tied to an Ontology network upgrade. While trading remains active, the temporary halt in off-chain flows may reduce short-term liquidity depth. Users should monitor official channels for resumption timelines, as prolonged delays could impact arbitrage opportunities.
Generated by WOOFUN AI · For reference only, not investment advice
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