Bithumb Suspends MAPO Deposits and Withdrawals After Network Stops Producing Blocks
Bithumb suspended MAPO deposits and withdrawals at 11:40 (UTC+8) on 15 October after the Map Protocol network stopped producing blocks. The exchange said services will resume once the network is stable. MAPO trading remains available, but Bithumb warned users about price volatility. The incident creates a temporary deposit and withdrawal risk for MAPO holders, while trading on the exchange is unaffected.
Neutral
The suspension is a network-level operational issue affecting MAPO deposits and withdrawals on Bithumb, not a broader market or trading halt. Because MAPO trading remains open, the direct impact on wider crypto markets is likely limited. In the short term, restricted transfers may reduce arbitrage between exchanges and contribute to price volatility or differences between venues. Traders may also react to uncertainty about when block production will resume. Similar exchange suspensions during blockchain outages tend to affect the specific asset more than the overall market; the duration of the outage and any evidence of asset or network security problems are important factors. If the network stabilises quickly, the impact may fade. A prolonged outage could weaken confidence in MAPO and increase selling pressure, while the notice alone does not establish that a security breach or lasting damage has occurred.