The Korean Upbit Exchange plans to reopen deposit wallets for its leading assets, including XRP, EOS and Litecoin (LTC).
Upbit Wallets Reopen for XRP, EOS, LTC, and ETH
Upbit, which saw 342,000 ETH siphoned from its wallets, will start with reopening its facilities for Litecoin (LTC), XRP, and EOS on January 9. ETH is reserved for later, and access will be held back until January 13. Upbit reopened its Bitcoin (BTC) wallets in early December, leaving other assets locked for now.
#LTC, #XRP, #EOS deposit & withdrawal will be available on January 9. New deposit address is required. Thank you for your patience. more info at : https://t.co/gLfmxb20wQ
— Upbit Global (@upbitglobal) January 7, 2020
The Upbit team apologized for the inconvenience, and pointed out the exchange was solvent and held sufficient resources to serve traders. The exchange holds significant fiat reserves, in addition to holding sufficient crypto assets to honor all potential withdrawal claims, and has closed its wallets for technical reasons.