Upbit virtual asset deposit and withdrawal delay, notice of resolution on the 10th
Original headline업홀드 가상자산 입출금 지연, 10일 해결 공지
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Uphold resolved a crypto deposit and withdrawal disruption on its platform on the 10th after an outage at a third-party transaction-monitoring partner, according to the exchange's official status notice. The incident, first logged at 00:33 KST on the 5th, affected crypto deposits and withdrawals as well as its Topper service, while fiat rails stayed operational. Delays persisted through 19:42 KST on the 5th, and Uphold applied a workaround at 00:15 KST on the 6th to clear the backlog before marking the issue resolved. The event matters because it highlights how dependent exchanges are on external compliance and monitoring vendors, where a single partner failure can halt on-chain funding and redemptions. What to watch next is whether Uphold discloses the identity of the vendor, publishes a post-incident review, and whether other exchanges relying on the same monitoring provider report similar disruptions.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Uphold, Topper