South Korean crypto exchange Upbit has issued a notice warning users to be careful when withdrawing digital assets to Binance. In its official announcement, Upbit said there have been signs of a security incident at Binance and that some digital assets may have been stolen. The exchange said users should exercise extra caution when sending funds to Binance while it continues to monitor the situation. Upbit also said it may restrict withdrawals of digital assets to Binance if necessary in order to protect investors. If there are any changes to deposit and withdrawal support related to Binance, the platform said it will publish a separate notice. The statement did not provide additional details beyond the warning and the possibility of temporary restrictions.
South Korean cryptocurrency exchange Upbit has issued an official notice warning users to exercise caution when withdrawing digital assets to Binance.
According to the announcement, Upbit said there have been signs of a security incident at Binance and that some digital assets were suspected to have been stolen. The exchange said it is continuing to monitor the situation and may restrict withdrawals of digital assets to Binance if necessary to protect investors. Upbit added that it will issue a separate announcement if there are any changes to deposit and withdrawal support involving Binance.
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