OKX to Suspend Transactions During Initia Network Upgrade
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 02 2025Temporary Suspension of Transactions: OKX has announced a temporary halt on deposits and withdrawals for Initia network assets during scheduled upgrades on January 9, 2025, to ensure operational stability while keeping trading unaffected.
Historical Reliability of Upgrades: The exchange's approach mirrors past successful upgrades, which maintained trading activity with minimal disruption, reinforcing confidence in their procedures to protect user interests during network enhancements.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
