Bithumb Issues Warning for 3 Altcoins: One Surges 13%!

While Bithumb issued a trading warning for FET, EGLD, and ACX, EGLD’s 24-hour gains reached approximately 13%.

The South Korean cryptocurrency exchange based its decision for Fetch.ai (FET) and MultiversX (EGLD) on security incidents whose sources could not be identified or resolved. For Across Protocol (ACX), it cited concerns regarding the project’s sustainability and the continuity of its operations.

Deposit procedures and review schedule announced

Bithumb announced plans to suspend deposits for the assets under the trading warning on September 21 at 10:00 AM (TRT). Deposits and withdrawals for FET and EGLD were already suspended when the announcement was released; the exchange also noted that it plans to reopen FET withdrawals following the announcement.

The review results are scheduled to be announced between October 19–23 for FET and EGLD, and between October 12–16 for ACX. The exchange may lift the warning, extend it, or terminate trading support; no definitive delisting decision has been announced yet.

According to data from CoinMarketCap on September 21, EGLD was at approximately $4.18 and had risen by 12.83% in the last 24 hours.