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Urgent Bithumb Alert: Temporary Suspension of OSMO Deposits and Withdrawals Impacting Osmosis Users
10 hours ago

Urgent Bithumb Alert: Temporary Suspension of OSMO Deposits and Withdrawals Impacting Osmosis Users

BitcoinWorld Urgent Bithumb Alert: Temporary Suspension of OSMO Deposits and Withdrawals Impacting Osmosis Users Are you an Osmosis (OSMO) token holder using the Bithumb exchange? Then you need to pay close attention to an important update. South Korean crypto exchange Bithumb has announced a temporary halt to OSMO deposits and withdrawals . This crucial step is in preparation for a network upgrade, a common but vital process in the ever-evolving world of digital assets. Understanding the Bithumb OSMO Suspension Bithumb, a major player in the South Korean cryptocurrency market, will implement this temporary suspension starting at 8:00 a.m. UTC on November 3rd . This means that from this specific time, you won’t be able to move your Osmosis tokens into or out of your Bithumb account. It’s a proactive measure to ensure the smooth transition during the upcoming network upgrade for Osmosis. Such suspensions are not unusual. Crypto exchanges frequently pause OSMO deposits and withdrawals for various reasons, primarily to support network maintenance, upgrades, or hard forks. This helps prevent any potential loss of funds or transaction issues that could arise from interacting with an unstable or upgrading network. Why are Network Upgrades Essential for Osmosis (OSMO)? Network upgrades are the backbone of cryptocurrency evolution. For Osmosis (OSMO), a decentralized exchange (DEX) built on the Cosmos SDK, these upgrades bring significant improvements. They are designed to enhance the network’s: Security: Strengthening defenses against potential vulnerabilities. Scalability: Increasing transaction processing capacity and speed. Functionality: Introducing new features, optimizing existing ones, and improving overall user experience. Essentially, these upgrades ensure that the Osmosis platform remains robust, efficient, and competitive. While they require temporary inconveniences like the pause in OSMO deposits and withdrawals , the long-term benefits for the network and its users are substantial. They contribute to the health and future growth of the Osmosis ecosystem. What Does This Mean for Your OSMO Holdings? If you hold OSMO tokens on Bithumb, or plan to deposit or withdraw them around November 3rd, here’s what you need to know: Plan Ahead: If you need to move your OSMO, complete your transactions before 8:00 a.m. UTC on November 3rd. No Trading Impact: Typically, trading of OSMO on Bithumb will continue as usual during a deposit and withdrawal suspension. Your ability to buy or sell OSMO within the exchange should remain unaffected. Stay Informed: Keep an eye on official announcements from Bithumb and Osmosis for updates on when OSMO deposits and withdrawals will resume. It’s always a good practice to be aware of such announcements, especially if you actively manage your cryptocurrency portfolio across different platforms. This temporary measure is for your asset’s safety and the network’s improvement. Navigating Exchange Announcements: A User’s Guide Staying informed is paramount in the fast-paced crypto world. When exchanges like Bithumb announce changes concerning OSMO deposits and withdrawals , or any other asset, it’s crucial to: Verify the Source: Always check official exchange websites or social media channels for authenticity. Understand the ‘Why’: Know the reason behind the suspension. Is it an upgrade, maintenance, or something else? Note Key Timings: Mark down the start and end times of any service interruptions. These habits help you manage your digital assets effectively and avoid any unexpected delays or issues. Remember, exchanges prioritize the security and integrity of the assets they list, and these temporary suspensions are part of that commitment. The temporary suspension of OSMO deposits and withdrawals by Bithumb is a standard procedure designed to support the Osmosis network’s vital upgrade. While it requires a brief pause in certain services, it ultimately paves the way for a more secure, efficient, and feature-rich Osmosis ecosystem. For Osmosis users on Bithumb, staying informed and planning any necessary transactions before the deadline is key to a smooth experience. Embrace these upgrades as steps forward in the exciting journey of decentralized finance. Frequently Asked Questions (FAQs) Q1: Why is OSMO deposits and withdrawals being suspended on Bithumb? A1: Bithumb is temporarily suspending these services to support an upcoming network upgrade for the Osmosis (OSMO) token. This ensures the stability and security of transactions during the upgrade. Q2: When will the suspension of OSMO deposits and withdrawals begin? A2: The suspension will commence at 8:00 a.m. UTC on November 3rd . Q3: Can I still trade OSMO on Bithumb during the suspension? A3: Yes, typically, the trading of OSMO pairs on Bithumb is expected to continue as usual, even while OSMO deposits and withdrawals are paused. This suspension primarily affects the movement of tokens into and out of the exchange. Q4: How will I know when OSMO deposits and withdrawals resume? A4: Bithumb will issue a separate official announcement once the network upgrade is complete and services are ready to resume. It’s advisable to monitor their official website or announcements for the latest updates. Q5: What should I do if I need to deposit or withdraw OSMO before the suspension? A5: You should complete any necessary OSMO deposits and withdrawals before 8:00 a.m. UTC on November 3rd to avoid any interruptions. If you found this article helpful, consider sharing it with your network! Stay updated on the latest cryptocurrency news and ensure your crypto journey is as smooth as possible by spreading valuable information. To learn more about the latest crypto market trends, explore our article on key developments shaping decentralized finance network upgrades . This post Urgent Bithumb Alert: Temporary Suspension of OSMO Deposits and Withdrawals Impacting Osmosis Users first appeared on BitcoinWorld .

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Tags : Crypto News BITHUMB Crypto exchange Network Upgrade OSMO Osmosis

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Software Engineer: Western Union Will Use Ripple, XRPL, and XRP. Here’s Why

A silent but seismic transformation may be underway in global remittances. Western Union’s recent acquisition of International Money Express Inc. (Intermex) is more than just another corporate consolidation. It marks a potential turning point in how one of the world’s largest payment providers could integrate blockchain technology into its existing infrastructure. Rather than rebuilding from scratch, Western Union appears to be positioning itself to leverage a ready-made solution that already functions on Ripple’s blockchain network — a move that could redefine cross-border payments for decades to come. Western Union’s Strategic Acquisition of Intermex In August 2025, Western Union announced it would acquire Intermex in a deal valued at approximately $500 million. The acquisition was officially framed as an effort to “expand Latin American reach and strengthen digital payment capabilities.” However, the deeper implications lie in Intermex’s technological partnerships. Since 2020, Intermex has been working with Ripple, integrating RippleNet and testing On-Demand Liquidity (ODL) — Ripple’s flagship solution that utilizes XRP to facilitate instant, low-cost settlements across borders. By bringing Intermex under its umbrella, Western Union has not only gained access to a strong remittance network in Latin America but also inherited Ripple-integrated corridors that are already live and operational. This means that Ripple’s technology, the XRP Ledger (XRPL), and XRP itself are now part of Western Union’s expanding technological arsenal. Western Union will use Ripple, XRPL and XRP. Big players don`t build a new wheel, they buy or acquire it. Dem fools who think of XRP tokenomics haven`t got a clue what is happening here. Ripple is an integrator, service provider and compliance beast. They are a very… https://t.co/sj2WX1ZmR3 — Vincent Van Code (@vincent_vancode) October 27, 2025 Ripple’s Integration Advantage Vincent Van Code, a software engineer, underscored this connection in his X post, asserting that “Western Union will use Ripple, XRPL, and XRP.” He emphasized that major players in finance “don’t build a new wheel; they buy or acquire it,” pointing out that Ripple’s role as an integrator and compliance powerhouse makes it a highly attractive partner for institutions seeking scalability and regulatory clarity. Ripple’s value proposition lies in its ability to streamline global payments through a single, interoperable network. The XRPL provides sub-second settlement, high security, and negligible transaction costs, while XRP acts as a bridge asset, removing the need for pre-funded accounts in multiple currencies. Western Union’s potential adoption of these tools through its Intermex acquisition aligns with the industry trend of legacy institutions quietly embedding blockchain layers into their operations. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Compliance and Expansion Perspective Ripple has long positioned itself not just as a blockchain company but as a regulatory-compliant payment solutions provider. This fits seamlessly with Western Union’s compliance-heavy business model. With ODL, Western Union can achieve faster settlements, reduce liquidity costs, and optimize treasury operations — all without overhauling its existing financial infrastructure. The acquisition gives it a tested route to scale these benefits globally. Nevertheless, it’s important to note that Western Union has not publicly confirmed a full transition to Ripple’s technology. Implementation at scale would depend on regulatory approval, regional adoption, and treasury risk frameworks. However, the groundwork has been laid. A Transformative Step Toward Blockchain-Enabled Remittances For the broader industry, Western Union’s move represents a strategic acknowledgment that blockchain-based liquidity solutions are no longer experimental — they are operational, cost-efficient, and increasingly necessary in a world demanding instant value transfer. If Western Union fully leverages Ripple , XRPL, and XRP through its Intermex acquisition, it could set a precedent for traditional money transfer giants transitioning toward blockchain-powered settlement systems. As Vincent Van Code aptly noted, this is not about tokenomics hype — it’s about practical, large-scale integration of technology that solves real-world liquidity problems. The remittance landscape is changing — and with this acquisition, Western Union might just have positioned itself at the forefront of that evolution. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Software Engineer: Western Union Will Use Ripple, XRPL, and XRP. Here’s Why appeared first on Times Tabloid .

A silent but seismic transformation may be underway in global remittances. Western Union’s recent acquisition of International Money Express Inc. (Intermex) is more than just another corporate consolidation. It marks a potential turning point in how one of the world’s largest payment providers could integrate blockchain technology into its existing infrastructure. Rather than rebuilding from scratch, Western Union appears to be positioning itself to leverage a ready-made solution that already functions on Ripple’s blockchain network — a move that could redefine cross-border payments for decades to come. Western Union’s Strategic Acquisition of Intermex In August 2025, Western Union announced it would acquire Intermex in a deal valued at approximately $500 million. The acquisition was officially framed as an effort to “expand Latin American reach and strengthen digital payment capabilities.” However, the deeper implications lie in Intermex’s technological partnerships. Since 2020, Intermex has been working with Ripple, integrating RippleNet and testing On-Demand Liquidity (ODL) — Ripple’s flagship solution that utilizes XRP to facilitate instant, low-cost settlements across borders. By bringing Intermex under its umbrella, Western Union has not only gained access to a strong remittance network in Latin America but also inherited Ripple-integrated corridors that are already live and operational. This means that Ripple’s technology, the XRP Ledger (XRPL), and XRP itself are now part of Western Union’s expanding technological arsenal. Western Union will use Ripple, XRPL and XRP. Big players don`t build a new wheel, they buy or acquire it. Dem fools who think of XRP tokenomics haven`t got a clue what is happening here. Ripple is an integrator, service provider and compliance beast. They are a very… https://t.co/sj2WX1ZmR3 — Vincent Van Code (@vincent_vancode) October 27, 2025 Ripple’s Integration Advantage Vincent Van Code, a software engineer, underscored this connection in his X post, asserting that “Western Union will use Ripple, XRPL, and XRP.” He emphasized that major players in finance “don’t build a new wheel; they buy or acquire it,” pointing out that Ripple’s role as an integrator and compliance powerhouse makes it a highly attractive partner for institutions seeking scalability and regulatory clarity. Ripple’s value proposition lies in its ability to streamline global payments through a single, interoperable network. The XRPL provides sub-second settlement, high security, and negligible transaction costs, while XRP acts as a bridge asset, removing the need for pre-funded accounts in multiple currencies. Western Union’s potential adoption of these tools through its Intermex acquisition aligns with the industry trend of legacy institutions quietly embedding blockchain layers into their operations. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Compliance and Expansion Perspective Ripple has long positioned itself not just as a blockchain company but as a regulatory-compliant payment solutions provider. This fits seamlessly with Western Union’s compliance-heavy business model. With ODL, Western Union can achieve faster settlements, reduce liquidity costs, and optimize treasury operations — all without overhauling its existing financial infrastructure. The acquisition gives it a tested route to scale these benefits globally. Nevertheless, it’s important to note that Western Union has not publicly confirmed a full transition to Ripple’s technology. Implementation at scale would depend on regulatory approval, regional adoption, and treasury risk frameworks. However, the groundwork has been laid. A Transformative Step Toward Blockchain-Enabled Remittances For the broader industry, Western Union’s move represents a strategic acknowledgment that blockchain-based liquidity solutions are no longer experimental — they are operational, cost-efficient, and increasingly necessary in a world demanding instant value transfer. If Western Union fully leverages Ripple , XRPL, and XRP through its Intermex acquisition, it could set a precedent for traditional money transfer giants transitioning toward blockchain-powered settlement systems. As Vincent Van Code aptly noted, this is not about tokenomics hype — it’s about practical, large-scale integration of technology that solves real-world liquidity problems. The remittance landscape is changing — and with this acquisition, Western Union might just have positioned itself at the forefront of that evolution. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Software Engineer: Western Union Will Use Ripple, XRPL, and XRP. Here’s Why appeared first on Times Tabloid . Bitcoin World


XRP Liquidity Expands Around $3.2 as Market Targets the Highest Cluster According to renowned market analyst Steph is Crypto, XRP’s liquidity around the $3.2 level is expanding rapidly, a sign that the market may be preparing for a major move toward its next high-value cluster. Liquidity expansion at this scale often indicates growing participation from both institutional and retail traders, as well as deepening market efficiency that can precede strong price continuation. The analyst explains that XRP’s liquidity profile, the volume of buy and sell orders concentrated around a price level, has grown meaningfully near $3.2, suggesting heavy positioning by large players. What does this mean? Well, liquidity expansion signals that more market makers and investors are injecting capital into that price range. As liquidity builds, price typically gravitates toward and consolidates within the zone before making its next move, often breaking toward the next major liquidity cluster, in this case, the highest one on the chart. This trend mirrors XRP’s sustained strength across both spot and derivatives markets. Fueled by surging institutional demand following the REX-Osprey XRP ETF (XRPR) $100 million milestone, XRP has remained resilient above key psychological levels. With prices holding around $2.66 and a clear push toward the $3 mark, growing liquidity signals renewed investor confidence and the potential for another leg higher. Liquidity clusters often act as magnets for price movement. As liquidity builds around a key level, it creates a balance between buyers and sellers. When that balance breaks, sharp directional moves usually follow. According to Steph’s analysis, XRP appears to be “charging toward the highest cluster,” a zone where past trading activity and concentrated orders align with potential profit targets for early investors. Technical analysts see this as a sign of market maturity. Rising liquidity signals growing confidence, smoother execution, and reduced slippage, conditions that typically draw in more participants. With XRP’s on-chain strength and surging ETF demand, the outlook appears increasingly bullish. Conclusion XRP’s expanding liquidity around $3.2 signals more than short-term activity, it reflects rising investor confidence, a stronger market structure, and a potential springboard for the next major rally. As the asset approaches its highest liquidity cluster, retail and institutional traders will watch closely, with this buildup potentially marking the start of a significant upward phase, solidifying XRP’s role in the evolving crypto landscape.

XRP Liquidity Boom Near $3.2 Ignites Breakout Frenzy

XRP Liquidity Expands Around $3.2 as Market Targets the Highest Cluster According to renowned market analyst Steph is Crypto, XRP’s liquidity around the $3.2 level is expanding rapidly, a sign that the market may be preparing for a major move toward its next high-value cluster. Liquidity expansion at this scale often indicates growing participation from both institutional and retail traders, as well as deepening market efficiency that can precede strong price continuation. The analyst explains that XRP’s liquidity profile, the volume of buy and sell orders concentrated around a price level, has grown meaningfully near $3.2, suggesting heavy positioning by large players. What does this mean? Well, liquidity expansion signals that more market makers and investors are injecting capital into that price range. As liquidity builds, price typically gravitates toward and consolidates within the zone before making its next move, often breaking toward the next major liquidity cluster, in this case, the highest one on the chart. This trend mirrors XRP’s sustained strength across both spot and derivatives markets. Fueled by surging institutional demand following the REX-Osprey XRP ETF (XRPR) $100 million milestone, XRP has remained resilient above key psychological levels. With prices holding around $2.66 and a clear push toward the $3 mark, growing liquidity signals renewed investor confidence and the potential for another leg higher. Liquidity clusters often act as magnets for price movement. As liquidity builds around a key level, it creates a balance between buyers and sellers. When that balance breaks, sharp directional moves usually follow. According to Steph’s analysis, XRP appears to be “charging toward the highest cluster,” a zone where past trading activity and concentrated orders align with potential profit targets for early investors. Technical analysts see this as a sign of market maturity. Rising liquidity signals growing confidence, smoother execution, and reduced slippage, conditions that typically draw in more participants. With XRP’s on-chain strength and surging ETF demand, the outlook appears increasingly bullish. Conclusion XRP’s expanding liquidity around $3.2 signals more than short-term activity, it reflects rising investor confidence, a stronger market structure, and a potential springboard for the next major rally. As the asset approaches its highest liquidity cluster, retail and institutional traders will watch closely, with this buildup potentially marking the start of a significant upward phase, solidifying XRP’s role in the evolving crypto landscape. Bitcoin World

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