The Upbit ZIL Suspension: A Lesson in Network Upgrades and Crypto Trading
In the ever-changing world of crypto, network upgrades can make or break trading experiences. The Upbit ZIL suspension is a prime example of how these upgrades challenge exchange reliability and impact asset security. Let’s dive into how such suspensions affect trading, the role of decentralized exchanges, and how to protect your investments during these critical transitions.
The Upbit ZIL Suspension Explained
Upbit, a top player in South Korea’s crypto market, has decided to temporarily halt Zilliqa (ZIL) transactions due to an imminent network upgrade. This pause, starting at 9:00 a.m. UTC on November 14, aims to maintain network stability throughout the hard fork. Hard forks are significant upgrades that can lead to compatibility…
