Injective Stops Producing Blocks as Bithumb Announces INJ Transfer Pause

Injective stopped producing blocks, and South Korean crypto exchange Bithumb announced it would suspend INJ deposits and withdrawals, a move that would interrupt token transfers between the network and the exchange.

The network’s latest block reached height 191,016,661 on Nov. 9. Bithumb said it would restore deposits and withdrawals when the network was stable, with no specific reopening time listed.

INJ trading on Bithumb remained available during the suspension, but customers could not apply to stake or unstake the token. The pause affected transfers and staking access on the exchange, while trading service continued. Deposits move tokens from outside wallets into an exchange, while withdrawals move them out; with both paused, Bithumb customers could not move INJ between the platform and outside wallets.

Injective’s next scheduled mainnet upgrade, v1.21.0, is set for Nov. 17. Block production records new transactions into the chain, so a halt interrupts the network’s processing of transfers. Bithumb made stable network operations the condition for reopening INJ transfers.