Upbit, a leading South Korean cryptocurrency exchange, has announced a temporary suspension of deposits and withdrawals for VeChain (VET) and VeThor Token (VTHO). This action is scheduled to commence on July 1st at 15:00 (3 PM KST) in response to the planned VeChain (VET) hard fork. The exchange anticipates that the suspension will allow for a smooth transition during the network upgrade. Users are advised to plan their deposits and withdrawals accordingly to avoid any inconvenience. Upbit has stated it will closely monitor the hard fork process and will reinstate VET and VTHO deposit and withdrawal services as soon as the network stabilizes and the upgrade is deemed complete. Further updates regarding the resumption of services will be announced through Upbit's official channels. ```