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#Withdrawal suspension

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Altcoin Network Halts Operations Following Attack, Lands on Upbit Warning List
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Altcoin Network Halts Operations Following Attack, Lands on Upbit Warning List

Key Highlights: The Initia team is actively collaborating with security organizations, network validators, and crypto exchanges to evaluate the fallout of an emerging network incident. South Korean cryptocurrency exchange Upbit has suspended deposits and withdrawals for the INIT token amid signs of a network security issue. Upbit has cautioned INIT investors about heightened market volatility, ...

Swiss Bank Shields Bitget Institutional Clients as Retail Funds Remain Frozen
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Swiss Bank Shields Bitget Institutional Clients as Retail Funds Remain Frozen

Key Highlights Bitget confirmed a Sept. 24 wallet breach that transferred approximately $387.5 million in assets to attacker-controlled addresses, affecting hot and warm wallet layers while cold wallets remained secure. Sygnum Bank’s Protect service offers Bitget institutional clients an off-exchange custody route where pledged collateral—including Bitcoin, Ethereum, stablecoins, and U.S. Treasuries—is held in segregated, bankruptcy-remote ...