Urgent Alert: Upbit & Bithumb Flag HIFI as Closely Monitored Asset – Is Your Investment Safe?

Quick Summary:

South Korean crypto giants Upbit and Bithumb have just issued a critical warning, designating Hifi Finance (HIFI) as a closely monitored asset.

This significant development has sent ripples of concern through the crypto community.

This incident serves as a reminder of the robust oversight in the South Korean crypto space and the importance of exchanges acting as responsible gatekeepers.

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets: IndiaSouth Korea

Topics: ALTCOINS SOUTH KOREA Crypto exchanges Crypto News Risk warning Market regulation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 12:00:26 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 659 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 27383470

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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