Question 1

Why did Bithumb suspend INJ deposits and withdrawals?

Accepted Answer

Bithumb paused INJ deposits and withdrawals from 23:00 KST on Monday because the Injective network stopped producing blocks. Staking and unstaking are also frozen during the pause, while spot trading continues.

Question 2

What happened during Injective's first block stoppage in August?

Accepted Answer

On August 31, Injective's chain went roughly three hours and 42 minutes without producing a block after a binary-options exploit that bridged about $4.9 million to Ethereum. Injective described the event as an accelerated upgrade rather than a halt and said INJ and the chain stayed secure.

Question 3

How is INJ performing and what is the INJ ETF?

Accepted Answer

INJ traded near $8.10 on November 9, up 12.74% on the week. Canary Capital's staked INJ ETF, ticker INJC, launched on Nasdaq on November 5 and reached $16.12 million in net assets, with CEO Eric Chen ringing the Nasdaq opening bell on November 6.

INJC

Injective halts block production again, Korean exchanges freeze INJ transfers

One sharp brief.
Every day.

INJC

Injective halts block production again, Korean exchanges freeze INJ transfers

One sharp brief.Every day.

One sharp brief.
Every day.