Upbit, Bithumb List Initia (INIT) as Trading Warning Asset

on October 26, according to announcements from Upbit and Bithumb, both Korean cryptocurrency exchanges have classified Initia (INIT) as an asset subject to trading warnings due to security incidents, such as hacker attacks on related wallets or distributed ledgers where the causes remain unidentified or unresolved, which may lead to user asset loss.

Currently, deposit and withdrawal services for INIT at both exchanges have been suspended.