TechFlow News, March 24: According to an official announcement, South Korean cryptocurrency exchange Upbit has officially lifted its “Trading Alert” designation for IoTeX (IOTX), specifically for the IOTX/BTC trading pair.
Upbit designated IOTX as a “Trading Alert” item on February 23, 2026, citing unexplained or unresolved security incidents—such as hacking attacks—involving IOTX’s virtual asset wallet or distributed ledger. The Digital Asset Exchange Alliance (DAXA), a consortium of South Korean digital asset exchanges, listed this matter as a subject for coordinated response.
Subsequently, Upbit completed a formal defense procedure with the IOTX team and reviewed documentation regarding the security incident and subsequent remedial actions. Upbit ultimately determined that the grounds for the “Trading Alert” designation had been eliminated and officially lifted the designation on March 24.
