Upbit announced that it has designated NKN as an investment warning digital asset. Upbit explained the reason for the designation, stating, "Considering various factors comprehensively, including the reality, sustainability, and actual progress of businesses related to virtual assets, trends in the increase/decrease of on-chain holders, domestic and international trading volume, liquidity, and trading support status in domestic and international markets, there are numerous deficiencies and a possibility of causing user harm."
