Do you have a link to this announcement?
Is that livecoin.net exchange? Are they still alive and still operating?

I search all social media that Livecoin had but it seems there's no announcement, Twitter, Facebook and Telegram are quite inactive for them, even the Livecoins news list last announcement is last week September 22. Looks like their ANN thread is inactive too here in Bitcointalk.

The whole thing I know they are no longer operate after multiple accusations and also social media stop giving announcements since last year.

It only shows it when I click on the link to check my balance.

My guess would be that certain wallet was under maintenance. Such operation is not fast, since a sync is usually also needed.
From what I see there are (still?) quite a big number of wallets offline or out of sync (which may be the result of maintenance or not, I don't know since I don't really use Livecoin lately).