Bitcoin Exchanges Upbit and Bithumb Announce Joint Delisting, Removing Three Altcoins!

cryptonews.ruPublished on 2026-08-14Last updated on 2026-08-14

Abstract

Leading South Korean cryptocurrency exchanges Upbit and Bithumb have jointly announced the delisting of three altcoins: Storj (STORJ), ThunderCore (TT), and JasmyCoin (JASMY). Trading support for these tokens will cease on September 14th. The exchanges cited unresolved issues that previously led to the tokens being placed on a trading warning list as the reason for the removal. The decision follows periodic reviews by the exchanges, which assess criteria such as project development, trading volume, liquidity, community activity, transparency, and regulatory compliance. Projects failing to meet standards are first placed on watchlists; persistent issues can lead to delisting. Meanwhile, another major Korean exchange, Coinone, has announced an extension of its review process for delisting Storj (STORJ), delaying a final decision. Market analysts note that such delistings typically exert short-term downward pressure on token prices. They advise investors to monitor not only price movements but also project fundamentals and exchange review processes, as decisions in the Korean market can significantly impact a project's global standing. (Disclaimer: This is not investment advice.)

Leading South Korean cryptocurrency exchanges Upbit and Bithumb announced in a joint statement the delisting of Storj (STORJ), ThunderCore (TT), and JasmyCoin ($JASMY) tokens. The exchanges explained that the tokens are being removed from their platforms due to unresolved issues that previously led to their inclusion in trading caution lists.

According to the announcement, support for trading STORJ, TT, and $JASMY tokens will cease on September 14 at 09:00. After this date, users will no longer be able to trade these tokens. The exchanges emphasized that investors should complete all necessary transactions before the specified date to avoid potential losses.

Upbit and Bithumb periodically review the digital assets they list, evaluating criteria such as project development, trading volume, liquidity, community activity, transparency, and regulatory compliance. Projects that fail to meet these standards are first placed on watch lists or trading caution lists to warn investors. If the issues persist, a delisting decision may be made.

Meanwhile, Coinone, another major cryptocurrency exchange in South Korea, also made a new announcement regarding Storj (STORJ). Coinone announced an extension of the delisting review process for STORJ that had begun earlier. This means that a final decision on the token's future on the platform will be made at a later date.

Following these events, investors have begun closely monitoring the price dynamics and trading volumes of the affected tokens on exchanges. Delisting decisions by major exchanges in the cryptocurrency market typically exert downward pressure on prices in the short term.

Experts assert that investors should pay attention not only to price movements but also to statements regarding the projects' level of technical development, ecosystem size, and the regular review processes conducted by exchanges. It is believed that decisions made in the South Korean market can have significant implications for the global visibility of the respective projects.

*This is not investment advice.

end-content

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
CapricornAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
brev
BrevisBREV
cake
PancakeSwapCAKE
dos
DAPPOSDOS
jst
JUSTJST

Related Questions

QWhat are the names of the three altcoins that Upbit and Bithumb have announced they will delist?

AThe three altcoins are Storj (STORJ), ThunderCore (TT), and JasmyCoin (JASMY).

QWhen will trading support for the specified tokens stop on Upbit and Bithumb?

ATrading support for STORJ, TT, and JASMY will stop on September 14th at 09:00.

QWhat are some of the criteria that Upbit and Bithumb use to evaluate listed digital assets?

AThe criteria include project development, trading volume, liquidity, community activity, transparency, and regulatory compliance.

QWhat action has the South Korean exchange Coinone taken regarding Storj (STORJ)?

ACoinone has announced an extension of the delisting review process for STORJ, meaning a final decision on its future on the platform will be made later.

QAccording to experts, what should investors pay attention to beyond just price movements?

AExperts state that investors should pay attention to announcements regarding the technical sophistication of projects, the scale of their ecosystem, and the regular review processes by exchanges.

Related Reads

Interview with Robinhood CEO: Memecoin Boom was Unplanned, My Portfolio is Quite Diversified

In an interview with The Iced Coffee Hour podcast, Robinhood CEO Vlad Tenev discussed the company's initiatives, market views, and personal insights. He highlighted the unexpected success of meme coins on the newly launched Robinhood Chain, which he described as a key part of the financial future. The chain supports tokenized stocks tradable globally and enables innovative DeFi activities not initially anticipated by the team. Regarding market concerns, Tenev noted signs of potential bubbles, specifically in AI and semiconductor stocks, but expressed confidence in Robinhood's younger user base, who often view market downturns as opportunities. He identified optimizing the unified user experience across Robinhood's expanding product lines as the company's current major challenge. Addressing criticism over the prediction markets feature, which some equate to gambling, Tenev emphasized the company's focus on personalization, allowing users to hide the feature or access it more easily. On a personal note, Tenev shared that he enjoys cryptocurrency trading and holds a diversified portfolio. He is optimistic about Bitcoin's long-term prospects due to its unique status as the first crypto asset. Outside work, he focuses on teaching his children math and has adopted wellness routines like sauna, cold baths, and a pre-sleep journaling habit to curb screen time.

marsbit8m ago

Interview with Robinhood CEO: Memecoin Boom was Unplanned, My Portfolio is Quite Diversified

marsbit8m ago

Illegal Mining in Russia: Why Home Farms Are Easy to Detect

Illegal cryptocurrency mining in Russia is becoming increasingly risky, especially in regions where such activity is banned. Energy supply companies detect atypical, sustained electricity consumption in residential areas, triggering checks. They monitor anomalous usage, report data to tax authorities, and forward information to prosecutors. Home mining farms give themselves away through a characteristic load pattern: an apartment consumes electricity evenly and almost around-the-clock, making such deviations obvious in statistics. Mining remains legal only where not prohibited and when electricity is consumed under a proper contract, metered, and paid for. Income from mining is subject to taxation. To operate legally, registration or notification is required as per regulations. Current consequences for illegal mining involve applying existing rules: penalties for illegal grid connections, unmetered consumption, causing damage to energy companies, and tax evasion. Equipment may be confiscated. While specific administrative and criminal liability for mining itself is still being finalized, offenders face fines, damage claims, and potential criminal charges. Key illegal schemes include mining in prohibited regions, using illegal grid connections or unmetered power, and not paying taxes on mining income. The main damages involve losses for energy companies, grid overload, and unpaid taxes. As of now, bans on crypto mining are in effect in Moscow, the Moscow region, parts of the Kursk region, and several other territories (including parts of the North Caucasus, certain Ukrainian territories under Russian control, and areas in Southern Siberia and the Far East) until at least March 15, 2031, primarily to mitigate electricity deficit risks. The primary reason home mining is easily detectable is its non-typical power consumption pattern: equipment runs almost constantly, creating a stable load that significantly differs from normal household usage, making concealment difficult.

cryptonews.ru11m ago

Illegal Mining in Russia: Why Home Farms Are Easy to Detect

cryptonews.ru11m ago

Moscow Institute of Physics and Technology (MIPT): Testing Cryptocurrency Trading Strategies under Real Market Conditions

Moscow Institute of Physics and Technology (MIPT) has introduced a system for backtesting cryptocurrency trading strategies under realistic market conditions rather than relying on idealized historical price data. The system simulates real-world trading factors like fees, slippage, liquidity, and perpetual contract funding costs—factors that can cause a paper-profitable strategy to perform poorly in live trading. The system rigorously evaluates strategies by processing market data step-by-step, using only information available at each decision point and incorporating real trading costs. MIPT researchers tested 132 variants of momentum-based strategies. The key finding was not maximum profitability, but the strategies' ability to limit losses during market crashes, with maximum drawdowns reduced from 67% to 29% in realistic tests. The research concluded that forming a portfolio of multiple strategy variants yields more stable returns than relying on a single, historically best-performing variant. This realistic testing framework is seen as a potential foundation for developing and assessing new cryptocurrency investment products, especially as Russia establishes its regulatory framework for digital financial assets. Future work will test other strategy classes and expand to different types of crypto assets.

cryptonews.ru11m ago

Moscow Institute of Physics and Technology (MIPT): Testing Cryptocurrency Trading Strategies under Real Market Conditions

cryptonews.ru11m ago

Robinhood CEO Interview: Meme Coin Boom Was Unexpected, My Investment Portfolio Is Quite Diverse

Interview with Robinhood CEO Vlad Tenev on The Iced Coffee Hour podcast. Tenev discussed Robinhood Chain, calling it the future of finance. He highlighted its recent launch, rapid growth in TVL, and support for tokenized stocks tradable globally. He noted the unexpected popularity of meme coins on the chain and unique product combinations created by developers. Tenev addressed concerns about AI and stock market bubbles, stating his young user base often views market dips as opportunities. He acknowledged the complexity of balancing investments in chips and energy sectors. He identified optimizing the unified user experience across Robinhood's expanding product lines as the company's biggest current challenge. Responding to criticism, Tenev explained Robinhood's focus on three areas: improving core infrastructure, adding standard financial products it currently lacks, and pioneering innovations like prediction markets and AI-agent trading. He emphasized user personalization, allowing features like prediction markets to be hidden. On personal investment, Tenev stated his portfolio is diversified and he enjoys cryptocurrency trading. He expressed long-term optimism about Bitcoin's unique first-mover status and brand strength, while avoiding specific price predictions. In his personal life, Tenev focuses on teaching his children math, maintaining his health through sauna and cold therapy routines, and building better sleep habits by journaling and reading physical books before bed.

Odaily星球日报16m ago

Robinhood CEO Interview: Meme Coin Boom Was Unexpected, My Investment Portfolio Is Quite Diverse

Odaily星球日报16m ago

Ledger has patched a vulnerability in the Ethereum app

Ledger has patched a bug in the Ethereum application related to certain clear signing transaction flows. The vulnerability, discovered by Ledger's internal Donjon team using AI-powered tools, involved the processing of APDU commands. In a worst-case scenario, a malicious smart contract could have manipulated transaction data during the signing process, potentially tricking a user into approving unlimited access for an attacker's address. The fix has been deployed in version 1.22.2, and users with up-to-date firmware and apps are fully protected. Ledger's CTO Charles Guillemet criticized the public disclosure of the issue by an external security firm, stating it occurred after the patch was released and without prior discussion, constituting a breach of responsible disclosure principles. Separately, the article notes that Trezor recently reported a data leak of 13,689 users due to a hack at its logistics partner.

cryptonews.ru21m ago

Ledger has patched a vulnerability in the Ethereum app

cryptonews.ru21m ago

Trading

Spot

Hot Articles

What is $BITCOIN

DIGITAL GOLD ($BITCOIN): A Comprehensive Analysis Introduction to DIGITAL GOLD ($BITCOIN) DIGITAL GOLD ($BITCOIN) is a blockchain-based project operating on the Solana network, which aims to combine the characteristics of traditional precious metals with the innovation of decentralized technologies. While it shares a name with Bitcoin, often referred to as “digital gold” due to its perception as a store of value, DIGITAL GOLD is a separate token designed to create a unique ecosystem within the Web3 landscape. Its goal is to position itself as a viable alternative digital asset, although specifics regarding its applications and functionalities are still developing. What is DIGITAL GOLD ($BITCOIN)? DIGITAL GOLD ($BITCOIN) is a cryptocurrency token explicitly designed for use on the Solana blockchain. In contrast to Bitcoin, which provides a widely recognized value storage role, this token appears to focus on broader applications and characteristics. Notable aspects include: Blockchain Infrastructure: The token is built on the Solana blockchain, known for its capacity to handle high-speed and low-cost transactions. Supply Dynamics: DIGITAL GOLD has a maximum supply capped at 100 quadrillion tokens (100P $BITCOIN), although details regarding its circulating supply are currently undisclosed. Utility: While precise functionalities are not explicitly outlined, there are indications that the token could be utilized for various applications, potentially involving decentralized applications (dApps) or asset tokenization strategies. Who is the Creator of DIGITAL GOLD ($BITCOIN)? At present, the identity of the creators and development team behind DIGITAL GOLD ($BITCOIN) remains unknown. This situation is typical among many innovative projects within the blockchain space, particularly those aligning with decentralized finance and meme coin phenomena. While such anonymity may foster a community-driven culture, it intensifies concerns about governance and accountability. Who are the Investors of DIGITAL GOLD ($BITCOIN)? The available information indicates that DIGITAL GOLD ($BITCOIN) does not have any known institutional backers or prominent venture capital investments. The project seems to operate on a peer-to-peer model focused on community support and adoption rather than traditional funding routes. Its activity and liquidity are primarily situated on decentralized exchanges (DEXs), such as PumpSwap, rather than established centralized trading platforms, further highlighting its grassroots approach. How DIGITAL GOLD ($BITCOIN) Works The operational mechanics of DIGITAL GOLD ($BITCOIN) can be elaborated on based on its blockchain design and network attributes: Consensus Mechanism: By leveraging Solana’s unique proof-of-history (PoH) combined with a proof-of-stake (PoS) model, the project ensures efficient transaction validation contributing to the network's high performance. Tokenomics: While specific deflationary mechanisms have not been extensively detailed, the vast maximum token supply implies that it may cater to microtransactions or niche use cases that are still to be defined. Interoperability: There exists the potential for integration with Solana’s broader ecosystem, including various decentralized finance (DeFi) platforms. However, the details regarding specific integrations remain unspecified. Timeline of Key Events Here is a timeline that highlights significant milestones concerning DIGITAL GOLD ($BITCOIN): 2023: The initial deployment of the token occurs on the Solana blockchain, marked by its contract address. 2024: DIGITAL GOLD gains visibility as it becomes available for trading on decentralized exchanges like PumpSwap, allowing users to trade it against SOL. 2025: The project witnesses sporadic trading activity and potential interest in community-led engagements, although no noteworthy partnerships or technical advancements have been documented as of yet. Critical Analysis Strengths Scalability: The underlying Solana infrastructure supports high transaction volumes, which could enhance the utility of $BITCOIN in various transaction scenarios. Accessibility: The potential low trading price per token could attract retail investors, facilitating wider participation due to fractional ownership opportunities. Risks Lack of Transparency: The absence of publicly known backers, developers, or an audit process may yield skepticism regarding the project's sustainability and trustworthiness. Market Volatility: The trading activity is heavily reliant on speculative behavior, which can result in significant price volatility and uncertainty for investors. Conclusion DIGITAL GOLD ($BITCOIN) emerges as an intriguing yet ambiguous project within the rapidly evolving Solana ecosystem. While it attempts to leverage the “digital gold” narrative, its departure from Bitcoin's established role as a store of value underscores the need for a clearer differentiation of its intended utility and governance structure. Future acceptance and adoption will likely depend on addressing the current opacity and defining its operational and economic strategies more explicitly. Note: This report encompasses synthesised information available as of October 2023, and developments may have transpired beyond the research period.

2.1k Total ViewsPublished 2025.05.13Updated 2025.05.13

What is $BITCOIN

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of BTC (BTC) are presented below.

活动图片

Top Questions