TechFlow, July 9 — According to an official announcement, South Korean cryptocurrency exchange Bithumb stated that members of the Digital Asset Exchange Association (DAXA) plan to terminate trading support for ALEX. Bithumb will cease trading support for ALEX on August 11 and withdraw support on September 11.
Bithumb said that although the project team submitted relevant explanatory materials, they failed to resolve the reasons for the trading risk warning. After a comprehensive assessment of the project's substance, sustainability, and security-related factors, the token was deemed not to meet the standards for continued trading support.
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