Stacks network block generation delay, Upbit suspends STX deposit and withdrawal services

According to official announcements, the South Korean cryptocurrency exchange Upbit has announced that it has suspended its token deposit and withdrawal services due to delays in block generation on the Stacks (STX) network. According to Article 17 of South Korea's Virtual Asset User Protection Act, this technical suspension will continue until network stability is restored. The exchange reminds users that STX recharges made during the suspension period may not be credited and cannot be traced. Spot trading services will not be affected, and backlogged transactions will be processed in order after the resumption of deposits and withdrawals.