On November 21st, according to the official news, Bithumb announced that it will terminate the trading support of Orbcity (ORB) tokens according to the decision of the Digital Asset Exchange Common Agreement (DAXA). The specific time schedule is as follows: Trading (buying and selling) will be terminated at 15:00 (Korean time) on December 19, 2024, and withdrawal support will end at 15:00 (Korean time) on January 17, 2025.
DAXA said that the project party failed to provide sufficient explanatory materials on the transaction risk, and after comprehensive evaluation of the project party's information disclosure, business materiality and sustainability, it was determined that it did not meet the continuous transaction support standards. Bithumb reminded users to complete the transfer of assets before the withdrawal deadline, and stressed that technical support such as mainnet, hard fork, airdrop and token swap may not be able to be supported after the deadline.
Bithumb will stop supporting ORB transactions
2024-11-21 08:11:11
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