Bithumb, a major South Korean cryptocurrency exchange, has temporarily suspended deposits and withdrawals of Zilliqa (ZIL) due to technical difficulties with the ZIL network. The official announcement on Bithumb's website states that the suspension took effect immediately and will remain in place until further notice. Bithumb did not provide a specific explanation for the network issues but stated that it would closely monitor the situation and provide updates as they become available. The exchange advised ZIL holders to refrain from making deposits or withdrawals until the issue is resolved. The news of the suspension comes amidst a period of volatility for ZIL, which has seen its price fluctuate significantly over the past few weeks. The cryptocurrency's value has been affected by a combination of factors, including network upgrades and market sentiment.