Upbit designates District0x (DNT) as a trading alert cryptocurrency and suspends deposit services.
South Korean crypto exchange Upbit announced that it has designated District0x (DNT) as a trading warning cryptocurrency and has suspended its deposit services starting from 16:00 KST on October 16. Upbit stated that after a comprehensive evaluation of factors such as the authenticity, sustainability, actual progress, token utility, purpose or function of the DNT project's business, and its market capitalization level on domestic and international exchanges, multiple deficiencies were found that could potentially harm users. Therefore, the exchange decided to implement investor protection measures. The warning period is from 15:00 KST on October 16, 2026, to the first week of November (November 2 to November 6). During this period, Upbit will conduct a detailed review and may extend the warning period or ultimately decide to terminate trading support.
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