Injective blockchain halt prompts INJ suspension on exchanges
4.1 Security Injective blockchain halted block production again on November 9, causing Bithumb and Upbit to suspend INJ deposits and withdrawals. Spot trading continues, but staking is paused until the network stabilizes.
On November 9, the Injective (INJ) blockchain experienced its second block production halt in roughly ten weeks. This disruption prompted major South Korean exchanges, including Bithumb and Upbit, to suspend INJ deposits and withdrawals. Bithumb scheduled the suspension for 23:00 KST, while Upbit implemented it immediately. During this period, spot trading of INJ remains available, but staking and unstaking activities are paused until the network stabilizes. Withdrawals requested before the suspension will be processed in order, and deposits made during the freeze will be credited once services resume. No official explanation has been provided for this latest disruption, unlike the previous incident in late August, which was linked to a network upgrade. The event has reignited concerns about Layer 1 network stability and affected liquidity and cross-chain bridge operations. INJ withdrawals are also reportedly locked on Binance.
