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REI Network to Hard Fork on October 11th

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REI Network has announced that it will suspend withdrawals and deposits on Upbit due to a hardfork in the network. The suspension will start on October 11th at 3:00 AM UTC.

Event date: October 11, 2023 3:00 UTC

What is a hardfork?

The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.

In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.

REI Network|From #GXChain!
@GXChainGlobal
📣Upbit Global has announced the suspending withdrawals/deposits after the REI Network hardfork on oct 11.

https://upbit.com/service_center/notice?id=3771

⏳Duration: 3:00 AM, oct 11, UTC - until separate announcement after confirming the stability of REI hardfork.
REI Price Changes After Event Publication
10.03%
1 day
9.39%
2 days
145.78%
Now (Added 1 year ago)
The event is about to begin
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