Bithumb, South Korea’s second-largest cryptocurrency exchange, temporarily suspended virtual asset transactions on December 22-23, 2025, for SEI due to routine audits and network maintenance.
These suspensions reflect stringent regulatory compliance amid ongoing upgrades, highlighting Bithumb’s commitment to user security with minimal market disruption.
Bithumb SEI Transactions Halt Amid 2025 Network Audit
Bithumb, a leading South Korean crypto exchange, has announced a temporary suspension of SEI transactions for a network audit. This forms part of their routine virtual asset audits conducted throughout 2025.
The suspension involves Bithumb’s leadership team and regulatory oversight from South Korea’s FIU. No direct statements from top executives were provided, emphasizing that network upgrade procedures are a key focus.
It appears that there are no direct quotes from specific individuals or organizations within the information provided regarding the temporary suspensions of deposits and withdrawals at Bithumb.
771% Q3 Revenue Surge Despite Temporary SEI Pause
Bithumb’s temporary suspension aligns with industry protocols to enhance security, minimizing disruptions during network updates. Trading remains unaffected, ensuring fund security for users.
This suspension reflects ongoing regulatory compliance efforts. As Bithumb’s security reputation grows, the exchange’s Q3 2025 revenue saw a 771% surge. Similar actions in the industry have supported long-term scalability and security.
Parallels Drawn to Starknet’s Tendermint Integration
Bithumb’s actions parallel past industry upgrades like Starknet’s consensus shift to Tendermint. These interventions often cause brief disruptions but confer lasting infrastructure improvements.
Kanalcoin experts highlight the coordination seen across similar events. Routine upgrades boost user trust and are standard industry practice, ensuring robust compliance and network security.
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