Hello. This is Upbit, the most trusted digital asset exchange.
We would like to inform you that IoTeX (IOTX) has been removed from the investment warning designation.
DAXA member exchanges may take measures such as issuing investment warnings, designating investment warning digital assets, or terminating trading support for user protection.
Please find the detailed reasons for the removal of the investment warning designation below. Members holding this digital asset are kindly requested to review the following information.
Reasons for Removal from Investment Warning Designation
IoTeX (IOTX)
- Target Pair: IOTX/BTC
- Reason for Removal from Investment Warning Designation
- Upbit confirmed that there was a possibility of user damage considering the occurrence of security incidents, such as unexplained or unaddressed hacking incidents in virtual asset wallets managed by IoTeX (IOTX), its issuer, or operator, or in distributed ledgers where virtual assets are issued, transmitted, or stored. DAXA judged this matter as a subject for joint response regarding the designation of investment warning digital assets and termination of trading support, and designated it as an investment warning digital asset on February 23, 2026.
- Subsequently, Upbit received and reviewed materials regarding the circumstances of the security incident and subsequent responses through an explanation process with the IOTX team, and as a result, determined that the reasons for the investment warning designation have been resolved.
- Accordingly, Upbit will remove IOTX from the investment warning designation on March 24, 2026.
Announcement on Resumption of IOTX Deposit Service
- Following the removal of the investment warning designation, the IOTX deposit service will be resumed shortly.
- Deposits made during the suspension period will be processed sequentially after the deposit service resumes.
- Please be aware that there may be rapid price fluctuations due to price differences with other overseas exchanges when deposits resume.
Upbit will always do its best to ensure your safe trading.
Thank you.
※ Virtual assets are high-risk products and may result in the loss of all or part of your investment.
