South Korean exchange Bithumb also suspended OSMO deposits and withdrawals on November 13. Its restriction began at 8:43 a.m. Korean time, before Upbit announced its suspension.
Bithumb attributed the decision to interrupted block production on Osmosis. The exchange warned that pending deposits could take longer to appear in customer accounts. However, it allowed OSMO trading to continue during the disruption.
Similarly, Coinbase reported delays affecting OSMO deposits and withdrawals. The exchange said customers could continue buying and selling cryptocurrency, while fiat deposits and withdrawals remained unaffected.
Despite the network failure, Osmosis recorded a daily price increase on November 13. CoinGecko data showed OSMO trading near USD 0.035, although the token remained lower over the preceding seven days.
Upbit has previously restricted cryptocurrency transfers during blockchain disruptions. In August, the exchange suspended Ravencoin deposits and withdrawals following a network consensus problem while keeping trading available.
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