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Upbit has designated BLUR as an investment warning digital asset and suspended its deposit services.
South Korean crypto exchange Upbit announced that it has designated BLUR as a "warning coin" and suspended its deposit services as of 3:00 PM KST on October 13, citing concerns about the business authenticity and sustainability of the BLUR project, and the potential for user harm. Upbit will conduct a detailed review of BLUR to determine whether to extend the warning period, lift the warning, or ultimately terminate trading support, with the review period expected to last until the last week of October.
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