Upbit Clears IoTeX, Lifting Investment Warning

Edgen Crypto

·Mar 24 2026, 08:31

Share to

Share to

Copy link

Key Takeaways

South Korean exchange Upbit has removed its "investment warning" for IoTeX (IOTX), signaling that a recent security incident has been resolved. This action removes a significant trading impediment on a major market for the token.

Warning Lifted: On March 24, 2026, Upbit officially removed the 'investment warning' for IOTX.
Initial Cause: The warning was first imposed on February 23, 2026, following a security incident flagged by the Digital Asset eXchange Alliance (DAXA).
Market Impact: The resolution is expected to restore investor confidence and could increase trading volume for IOTX on the exchange.

Upbit Lifts IOTX Warning After One-Month Review

South Korean cryptocurrency exchange Upbit officially lifted its "investment warning" designation for IoTeX (IOTX) as of March 24, 2026. The move ends a period of heightened scrutiny that began on February 23, 2026, when the warning was first applied. The initial designation stemmed from a security incident flagged by the Digital Asset eXchange Alliance (DAXA), a cooperative body of the country's top crypto exchanges.

Security Resolution Clears Path for Trading

According to Upbit's announcement, the decision to remove the warning came after a thorough review of materials submitted by the IoTeX project team, which confirmed the underlying security issues had been resolved. The removal of this official risk flag is a significant bullish development for IOTX. It restores confidence for traders on a key market and removes a major barrier to investment, potentially leading to a recovery in trading volume and positive price momentum for the token.