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Upbit Flags Blur for Trading Caution, Suspends Deposits

Upbit Flags Blur for Trading Caution, Suspends Deposits

Photo: TokenPost

Upbit designated Blur (BLUR) as a trading-caution asset and suspended deposits Tuesday, citing concerns about the project’s business authenticity and sustainability. The deposit suspension took effect at 2 a.m. ET (06:00 UTC) on Oct. 13 and applies to the BLUR/KRW and BLUR/BTC trading pairs. Deposits sent after the cutoff may not be credited or recoverable. Upbit’s caution designation will remain under review from Oct. 13 through the fifth week of October, which runs from Oct. 26-30. The exchange will assess the issue under its delisting policy during that period.

Source: TokenPost

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