Bithumb Temporarily Suspends CSPR and XRP Deposits and Withdrawals

1 hour ago 1 sources neutral

Key takeaways:

  • Casper's PoS upgrade signals network maturation, potentially attracting staking-focused investors.
  • XRP wallet maintenance hints at infrastructure scaling, reflecting rising transaction demands.
  • Monitor resumption timelines; delays could inject temporary bearish pressure on both assets.
CSPR CSPR $0.002953 +2.49%
XRP XRP $1.39 -0.78%

South Korean exchange Bithumb has announced two separate temporary halts on deposit and withdrawal services for Casper (CSPR) and Ripple (XRP), both effective today.

For CSPR, the suspension is tied to the Casper mainnet upgrade and begins at 10:00 UTC on May 19. Bithumb stated the measure is standard during network upgrades to prevent transaction errors and ensure compatibility. The Casper network’s proof-of-stake upgrade may introduce protocol changes requiring exchange infrastructure updates.

For XRP, wallet system maintenance caused a halt that took effect at 2:33 UTC on the same day. The exchange emphasized the suspension is a routine security and stability improvement, with trading remaining fully operational. No specific resumption timelines were provided for either coin, though Bithumb advised users to monitor official channels for updates.

Both suspensions are precautionary, do not affect trading, and are expected to be lifted once the respective upgrades are confirmed stable.

Previously on the topic:
May 14, 2026, 4:18 a.m.
Upbit and Binance to Pause ATOM and Base Network Transactions for Upgrades
CSPR CSPR Casper $0.002953 +2.49%
Bithumb temporarily suspends CSPR deposits/withdrawals for mainnet upgrade. Upgrade is positive long-term, but suspension may cause minor short-term uncertainty. Trading remains open, limiting impact.
XRP XRP Ripple $1.39 -0.78%
Routine wallet maintenance on Bithumb temporarily halts XRP deposits/withdrawals, but trading continues. The event is neutral, with no fundamental catalysts; minimal short-term price impact expected.
Sources
Bithumb to Temporarily Halt CSPR Deposits and Withdrawals for Casper Mainnet Upgrade
bitcoinworld.co.in 18.05.2026 10:00
Top Today
yesterday / 21:23 5 sources
Bitwise to Accumulate HYPE Treasury from Hyperliquid ETF Fees
HYPE HYPE $47.76 +4.37%
yesterday / 18:27 6 sources
Jury Rejects Elon Musk’s $150 Billion Lawsuit Against OpenAI
yesterday / 18:23 5 sources
Bitcoin at Crossroads: Data Shows 7.8M BTC Held at Loss and $1.77B at Risk Above $80,600
BTC BTC $76888.10 -0.14%
yesterday / 18:19 6 sources
Revolut Unveils First Physical Crypto Card Featuring Dogecoin Theme and LED Light
DOGE DOGE $0.11 -1.57%
yesterday / 17:33 9 sources
Tether Invests in LemFi to Expand USDT Settlement in Africa and Asia
USDT USDT
yesterday / 17:29 8 sources
Crypto Giant Galaxy Cleared to Serve New York Institutions
yesterday / 16:29 6 sources
White House Rejects Iran’s Ceasefire Plan, Tehran Refuses Nuclear Concessions
Disclaimer

The content on this website is provided for information purposes only and does not constitute investment advice, an offer, or professional consultation. Crypto assets are high-risk and volatile — you may lose all funds. Some materials may include summaries and links to third-party sources; we are not responsible for their content or accuracy. Any decisions you make are at your own risk. Coinalertnews recommends independently verifying information and consulting with a professional before making any financial decisions based on this content.