Upbit Suspends Blur Deposits After Flagging Token for Review
Photo: TokenPost
Upbit designated Blur (BLUR) as an investment-warning asset and suspended BLUR deposits at 2 a.m. ET (06:00 UTC) Tuesday, opening a review that could end trading support for the token. The action applies to the BLUR/KRW and BLUR/BTC trading pairs on the South Korean exchange. Deposits sent after the suspension time may not be credited and cannot be recovered, Upbit warned. Upbit said Blur fell short on business substance and sustainability under its digital-asset listing review standards, creating a potential risk of harm to users. The exchange will review the designation under its delisting policy from Oct.
Source: TokenPost
