Leading South Korean cryptocurrency trading platform Upbit recently announced an important arrangement regarding the NEAR protocol's network upgrade. Starting from 12:00 PM on August 26, 2024, Upbit will suspend deposit and withdrawal services for NEAR. This move is aimed at ensuring the safety of user assets and smooth transactions. Upbit states that once the NEAR network upgrade is completed, their system will automatically assess the stability of the network and resume deposit and withdrawal services for NEAR only after confirming there are no issues. Upbit apologizes to all users for any inconvenience caused by this adjustment and promises to closely monitor the progress of the NEAR network upgrade, ensuring services are restored as soon as possible.