Upbit and Bithumb list UXLINK as a trading alert token and initiate risk control

According to ChainCatcher news, due to signs of a suspected security incident, the South Korean exchanges Upbit and Bithumb have designated UXLINK as a "trading warning" project; Upbit has simultaneously suspended UXLINK's deposits and withdrawals, with the specific resumption time to be notified later. Both exchanges stated that they will conduct technical and compliance assessments according to the trading warning procedures before deciding whether to adjust trading support and related services.