Bithumb suspends BounceBit transfers from 2:55am

• Bithumb will suspend BounceBit (CRYPTO:BB) deposits and withdrawals from 2:55am UTC on August 20.
• The exchange did not give a resumption time, while BB trading may continue during the pause.
• Bithumb said the suspension followed a request from the BounceBit Foundation.

South Korean exchange Bithumb will temporarily suspend BounceBit (CRYPTO:BB) deposits and withdrawals from 2:55am UTC on August 20.

The suspension affects transfers into and out of Bithumb, while the exchange said BB trading may continue.

Bithumb did not state how long the suspension would last, so users have no confirmed restart time.

The exchange said the BounceBit Foundation requested the suspension, but it did not provide a specific technical reason.

The report suggested the pause could relate to network maintenance, a token migration or another protocol change, but these reasons were not confirmed.

Bithumb advised users to complete pending BB transfers before the 2:55am UTC cutoff to avoid delays.

The suspension does not affect the BounceBit blockchain itself, but it temporarily restricts BB transfers through Bithumb.