Bithumb and Coinone announced through a notice that they have decided to issue a cautionary notice regarding Across Protocol (ACX). The exchange stated, "Across Protocol (ACX) has officially announced a proposal to dissolve its existing decentralized (DAO) structure and transition to a new entity, AcrossCo. This proposal allows ACX holders to choose between being granted a 1:1 exchange right for ACX and shares of the new entity, or exercising a buy-out option with a 25% premium." As a result, they added, "we ask that you exercise extreme caution when investing in ACX."
