PANews reported on May 19 that according to the announcement of Upbit Exchange, due to the defects of NEM (XEM) in information disclosure, project sustainability and community activity, and the deficiencies of StormX (STMX) in project information transparency and governance process, the platform listed both as "trading attention" projects and suspended their deposit services from 3 pm (local time) on the same day. This adjustment is aimed at protecting the rights and interests of users. The restriction status of XEM and STMX will continue until June 2, when the decision on whether to lift the restriction or terminate trading support will be made based on the results of the project evaluation. Upbit reminds users not to transfer funds to the relevant addresses during the suspension period to avoid assets that cannot be received or recovered.
Upbit lists XEM and STMX as "Trading Attention" items and suspends deposit services
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Author: PA一线
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