Upbit pauses on Ontology related assets, affecting OT, ONG and MBL

On 31 August, the Korea Encrypted Currency Trading Platform Upbit announced that digital asset loading services based on the Ontology network would be temporarily suspended as the Ontology network was undergoing a web-based inspection. The assets affected included Ontology (ONT), OntologyGas (ONG) and Movie Bloc (MBL). The pause starts with the announcement until Upbit confirms that the network is fully secure and the specific recovery time will be announced separately. Upbit stated that the transactional services of the assets in question were not affected, but that the user's filling, withdrawal address registration and refund processing would be suspended during the suspension period. If the relevant assets are fully valued at Upbit during the suspension period, there may be a risk that they will not be properly accounted for or even recovered。