TREE NEWS update: Osmosis resumed block production after a roughly four-hour interruption, on-chain records show. Upbit kept OSMO trading open but suspended deposits and withdrawals during the halt. The exchange has not said when transfers will resume.
Osmosis Restarts After Four-Hour Halt; Upbit Pauses OSMO Transfers
The interesting signal here is the divergence between chain recovery and exchange access: Osmosis is producing blocks again, but Upbit has left deposits and withdrawals frozen without a timeline, so OSMO liquidity on that venue is effectively one-way. That matters most for traders who rely on Upbit for arbitrage or exits, since trading continues while settlement does not. The open questions are how long the venue keeps transfers suspended and whether other exchanges treat the halt similarly.
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