THE SOUTH KOREAN TWO MAIN EXCHANGES SUSPENDED THE EARLY ISSUANCE OF N(ICX) CHARGE SERVICES

Wu stated that on 28 August, both Upbit and Bithumb, the two Korea ' s two major encryption exchanges, had listed the early issuance of N(ICX) as a trade warning and suspended the associated charging service. Bithumb stated that the suspension was due to the identification of security incidents related to encrypted wallets or distributed books, for which specific reasons had not been identified or repaired. The early issuance of N was the Layer 1 block chain introduced in 2017, with ICX as its original currency, which used to be used mainly for network transactions, pledge and governance. The early release of N is now moving to the cross-chain DeFi infrastructure Sodax。