Exchanges· ★★· bearish·

Upbit issues caution notice for Initia (INIT)

  • —Upbit warned users about risks in trading INIT
  • —The exchange did not disclose the reason for the notice
  • —Initia recently suffered an infinite-mint exploit of about $2.6 million
Why it matters: The Upbit notice could curb INIT trading in Korea and add pressure to a token already hit by a recent exploit.
#INIT
Source: Bloomingbit
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