According to Upbit’s official statement, NKN transactions were suspended on Jan. 1 due to delayed block generation, with service restart timing to be announced later.
Upbit, a leading South Korean cryptocurrency exchange, announced on Jan. 1 that it had suspended deposits and withdrawals for the NKN blockchain network. The official statement cited delays in block generation as the cause of the interruption. The exchange has not provided a specific timeline for the resumption of services, indicating that further updates will be issued separately.