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Upbit Suspends FLOW Deposits and Withdrawals, DAXA Issued Trading Risk Warning for Flow

Summary: Upbit, a South Korean cryptocurrency exchange, announced the temporary suspension of FLOW deposits and withdrawals starting from December 27 due to security incident signs on the Flow (FLOW) mainnet. The resumption time will be notified separately as a user protection measure. On the same day, the South Korean Digital Asset Exchange Association (DAXA) decided to ...

Upbit, a South Korean cryptocurrency exchange, announced the temporary suspension of FLOW deposits and withdrawals starting from December 27 due to security incident signs on the Flow (FLOW) mainnet. The resumption time will be notified separately as a user protection measure. On the same day, the South Korean Digital Asset Exchange Association (DAXA) decided to issue a trading risk warning for FLOW. DAXA stated that security issues signs have been confirmed on the Flow mainnet, and further measures such as designating trading caution targets or terminating trading support may be taken based on the progress of the investigation.

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