Following an in-depth appraisal assembled by the member companies of the Digital Asset Exchange Association (DAXA), a decision was made to resume the suspension of Curve’s deposit and withdrawal services (CRV) on August 29, 2023 at 18:30 (albeit the exact date and time is subject to alteration). Upbit enforced this restriction on their system at the unbinding of the previous month after irregularities were spotted within several of Curve’s fiat-backed currency pools.
The pronounced measures taken by Upbit center around the safeguarding of their customers´ stake and dispense surety regarding any risks relating to the news determined vulnerabilities. By joining hands with other participants of the DAXA, Upbit conveys an arranged observance to create and assert a safe surrounding for trading.
The evolution and circumference of the digital currency universe continuously open entrances for innovation and complications jointly, generating the prerequisite for commodity exchanges and concerned wings like Upbit to stayput.
