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Woofun AI reports that Upbit has initiated a temporary suspension of deposit and withdrawal services for the Pharos (PROS) token, a move directly triggered by an upcoming hard fork on the Pharos blockchain.
The operational halt commences precisely at 3:00 a.m. UTC on July 26, with no fixed end time specified as services will resume only after network stability is confirmed. While PROS trading pairs on the exchange continue to function, the underlying technical context involves a significant protocol upgrade that alters the consensus mechanism. Such non-backward-compatible changes necessitate these pauses to mitigate risks associated with replay attacks and potential transaction errors.
Woofun AI data shows that any deposits initiated shortly before the 3:00 a.m. UTC deadline may face crediting delays until the fork concludes. Withdrawal requests submitted during the suspension window will be queued rather than processed immediately. Consequently, users intending to transfer PROS to external wallets or other exchanges must execute these movements well in advance of the cutoff time to ensure successful settlement.
This suspension represents a standard precautionary measure employed by Upbit to safeguard network integrity during critical protocol upgrades. The event underscores the operational discipline required to maintain security while implementing complex blockchain enhancements.