PANews reported on May 19 that according to the Upbit exchange announcement, due to deficiencies in information disclosure, project sustainability, and community activity for NEM (XEM), and insufficient project information transparency and governance processes for StormX (STMX), the platform has simultaneously listed both as "trading caution" projects and suspended their deposit services from 3 PM local time on the same day. This adjustment aims to protect user rights, and the restricted status of XEM and STMX will continue until June 2, at which point the platform will decide whether to lift restrictions or terminate trading support based on project assessment results. Upbit reminds users not to transfer funds to related addresses during the suspension period to avoid assets being unable to arrive or be recovered.
