Upbit and Bithumb Designate SAND as an Investment Caution Asset Over Unresolved Security Incidents

According to official announcements, South Korea’s largest crypto exchange Upbit and second-largest crypto exchange Bithumb designated The Sandbox (SAND) as an investment caution asset on Aug. 24, citing unexplained or unresolved security incidents, including potential hacks involving its wallets or distributed ledger.

Bithumb is expected to review between Sept. 28 and Oct. 2 whether to lift or extend the caution designation or terminate support for SAND trading. The Sandbox is a blockchain-based virtual world and gaming platform where users can create, own and trade digital assets and virtual land.

Upbit and Bithumb Designate SAND as an Investment Caution Asset Over Unresolved Security Incidents

According to official announcements, South Korea’s largest crypto exchange Upbit and second-largest crypto exchange Bithumb designated The Sandbox (SAND) as an investment caution asset on Aug. 24, citing unexplained or unresolved security incidents, including potential hacks involving its wallets or distributed ledger.

Bithumb is expected to review between Sept. 28 and Oct. 2 whether to lift or extend the caution designation or terminate support for SAND trading. The Sandbox is a blockchain-based virtual world and gaming platform where users can create, own and trade digital assets and virtual land.

Source:https://twitter.com/wublockchain/status/2091773207573594115