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Upbit Temporarily Halts $NEAR Transactions Ahead of Major Network Upgrade!

Heads up, NEAR holders! Upbit, a top-tier global crypto exchange, is temporarily suspending deposit and withdrawal services for NEAR Protocol (NEAR) due to a significant network upgrade. This is all set to kick off on August 26, 2024, as a precaution to keep your assets safe and secure during the upgrade process.

Important Note: Trading of NEAR will continue as usual, but Upbit strongly advises against making any NEAR deposits during this time. If things go sideways, recovery might be tricky!

Details:

- Suspension Begins: August 26, 2024, at 12:00 KST

- Reason: Scheduled network upgrade aimed at boosting blockchain performance and security

- Resumption: Services will restart once the upgraded network is confirmed stable

Stay tuned and make sure your assets are secure! For more updates, follow me and keep your crypto journey smooth!

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