Injective Stops Producing Blocks as Bithumb and Upbit Freeze INJ
Injective temporarily halted block production while major South Korean exchanges suspended INJ deposits and withdrawals.
Injective temporarily halted block production while major South Korean exchanges suspended INJ deposits and withdrawals. Injective (INJ) is trading at $8.04, down 1.1% since this brief published. This is an original TLT brief based on reporting by Crypto Economy, with live market data added, as of Mon, 09 Nov 2026 23:45:03 UTC.
The interruption affected blockchain processing and native-token movements on major trading venues, while the undisclosed cause left the duration and restoration path unclear.
- Injective temporarily stopped producing blocks
- Bithumb and Upbit suspended INJ deposits and withdrawals
- Crypto Economy linked the halt to recurring operational issues
- INJ trades at $8.13 despite the network disruption
Crypto Economy reported that 
Injective temporarily stopped producing blocks, extending a pattern of operational disruption recorded during previous months. The available coverage did not identify the technical cause, the affected chain height, or when block production might resume.
The same report said major South Korean exchanges, including Bithumb and Upbit, responded by suspending deposits and withdrawals of INJ, the network’s native token. These exchange measures were described as precautionary actions taken while the blockchain interruption continued; no broader suspension involving additional platforms was specified.
Live market data showed INJ at $8.13, up 1.64% over 24 hours and 16.62% over seven days, with a market capitalization of $812.24 million. The positive trading performance therefore occurred alongside the reported network interruption and exchange restrictions rather than alongside an immediate sell-off in the token.
The broader crypto market was comparatively subdued: total capitalization stood at $2.57 trillion, 
Bitcoin was up 0.60% over 24 hours, and the Fear & Greed index registered 29, indicating a Fear reading. The main points to monitor are confirmation of Injective’s cause and restart status, followed by the exchanges’ decisions to restore INJ transfers.
The incident is significant because it combines a failure to produce blocks with restrictions on native-token movement at two prominent South Korean venues. Crypto Economy connected it to earlier operational problems, but the available account does not establish whether the latest halt had the same cause or whether the recurring interruptions share a common technical root.
Since this brief published about 53 minutes ago, Injective (INJ) has moved from $8.13 to $8.04 — -1.11%.
The chart plots INJ's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 INJ ≈ ₦11,111.6 (about $8.04), up 0.0% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Injective Stops Producing Blocks as Bithumb and Upbit Freeze — questions & answers
What happened to the Injective blockchain?
Injective temporarily halted block production. The available report did not specify the cause, affected block height, or restart time.
Which exchanges suspended INJ transactions?
Bithumb and Upbit suspended deposits and withdrawals of INJ as a precaution while the blockchain disruption continued.
How was INJ trading during the incident?
INJ was priced at $8.13, up 1.64% over 24 hours and 16.62% over seven days, with a market capitalization of $812.24 million.
How much is 1 Injective worth in naira today?
About ₦11,111.6 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $8.04. The naira price moves with both INJ's US-dollar price and the USDT/NGN rate; use our Injective in naira page for any amount.
Has Injective's price moved since this brief was published?
INJ is down 1.11% since this brief first published — trading at $8.04 now versus $8.13 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.