TechFlow reported on October 24 that according to an official announcement, Bithumb will terminate trading support for RLY at 15:00 local time on November 25, 2024, in accordance with its "Virtual Asset Investment Caution Project Designation Policy." Withdrawals will remain supported for 30 days following the end of trading support.
Earlier report: Bithumb stated that under the "Virtual Asset Investment Caution Project Designation Policy," Rally (RLY) has been designated as an investment caution project, and deposits for RLY would be suspended at 13:00 local time on September 24. The decision was made because certain materials prepared by the issuer or operator of RLY—detailing key aspects of the virtual asset—could not be verified. Additionally, the virtual asset suffers from insufficient technical support and poor project operational performance.
