South Korea’s main cryptocurrency exchanges, Upbit and Bithumb, have introduced a brand new determination concerning the KernelDAO (KERNEL) token, which they beforehand positioned on a buying and selling alert record to guard traders.
In response to the bulletins, each platforms have lifted the “buying and selling alert” standing utilized to KERNEL following the carried out opinions, and the asset will return to regular buying and selling situations.
Upbit introduced that KERNEL has been positioned below a buying and selling alert on April 20, 2026. The trade said that this determination was influenced by safety incidents reported within the wallets or digital asset infrastructure related to the challenge, in addition to uncertainties concerning the challenge’s sustainability and operational standing.
Nonetheless, it was said that the KernelDAO workforce subsequently supplied complete explanations and supporting paperwork to the trade. Upbit introduced that, on account of the evaluations, the questions concerning the safety incidents have been resolved and ample transparency was supplied concerning the challenge’s operations, and subsequently, it determined to take away its alert standing as of June 19, 2026.
Equally, Bithumb introduced the termination of the buying and selling alert utilized to KERNEL and MAP Protocol (MAPO). The trade said that these belongings have been returned to regular buying and selling standing after it was decided that the related danger elements have been eradicated.
With this determination, deposit and withdrawal providers for KERNEL might be reopened. Upbit introduced that deposits made throughout the suspension interval might be step by step credited to person accounts after providers are reactivated.
Exchanges additionally warned traders to be cautious about excessive volatility that would come up from worth variations between completely different platforms following the resumption of providers. Consultants level out that such selections within the South Korean market might have short-term results on the buying and selling quantity and worth efficiency of the related tokens.
*This isn’t funding recommendation.
