Woofun AI reports that South Korean exchange Bithumb will suspend all Songbird (SGB) deposits and withdrawals starting at 8:00 a.m. UTC on July 7, 2025, to support a scheduled network upgrade. This operational pause prevents users from moving SGB tokens in or out of their accounts until the exchange confirms network stability post-upgrade. The exchange has explicitly advised traders to finalize any pending transactions before the cutoff time to avoid potential delays or processing complications.

The suspension is driven by the technical requirements of upgrading the Songbird network, which serves as a canary network for the Flare blockchain. This test environment is designed to validate new features and security protocols before they are deployed on the main Flare network. SGB tokens function as the primary instrument for governance and transaction fees within this specific ecosystem, making network integrity paramount.

Per Woofun AI, the exact duration of the service interruption remains unspecified, with resumption contingent upon the successful completion of the upgrade and subsequent stability verification. While Bithumb halts these specific functions, SGB trading may continue on other platforms that do not implement similar maintenance windows, offering an alternative liquidity path for active traders. Users requiring token movement during this window must plan their strategies around the temporary illiquidity imposed by the exchange.

Such operational pauses represent standard industry practice for major exchanges aiming to prevent transaction errors or asset losses during critical infrastructure updates. Bithumb's proactive communication strategy allows holders to manage their assets effectively despite the temporary restrictions. This event highlights the recurring necessity of scheduled maintenance to ensure the long-term security and functionality of cryptocurrency networks.