Upbit, a leading South Korean cryptocurrency exchange, has announced a temporary suspension of deposits and withdrawals for Pocket Network (POKT). This action, revealed on their official website, is a direct response to the upcoming Pocket Network (POKT) network upgrade. The suspension took effect starting from 18:00 on the 12th (Korean Standard Time). This precautionary measure ensures the stability and security of user funds during the upgrade process. Upbit often takes such steps during network upgrades to prevent potential issues arising from the changes to the blockchain. While the announcement doesn't specify the expected duration of the suspension, users can anticipate an update from Upbit once the network upgrade is complete and the POKT network is stable. Traders holding POKT on Upbit should monitor the exchange's announcements for the resumption of deposit and withdrawal services. In the meantime, trading of POKT on Upbit remains unaffected. ```