News linked to both this project and an event.
According to Upbit's announcement, South Korean crypto exchange Upbit will list Euler (EUL) on the Korean Won (KRW) market on July 26 at 12:00 (KST), supporting deposits and withdrawals on the Ethereum network. Within approximately 5 minutes after trading opens, buy orders and some sell orders will be restricted; within approximately 2 hours after opening, only limit orders will be supported. Euler is a decentralized finance lending protocol based on Ethereum, allowing users to create lending markets and deposit or borrow assets. Euler v2, launched in 2024, adopts a modular Vault structure, supporting users in building lending markets based on different assets and risk preferences, and can be extended to scenarios such as RWA, synthetic assets, and NFTs. The EUL token is primarily used for governance, Fee Flow bidding, and reward mechanisms.
According to Upbit's official announcement, Upbit has designated Zilliqa (ZIL) as an asset subject to trading caution citing "security incidents such as hacks with unknown causes or unaddressed vulnerabilities" (pursuant to Article 17, Paragraph 1, Item 5 of the Enforcement Decree of the Virtual Asset User Protection Act), with the designated period from 19:00 KST on July 22, 2026, to the third week of August (August 17–21). Deposit and withdrawal services for ZIL have been suspended since 19:00 KST on July 20. Upon reopening, only withdrawal services will be restored, while deposit services will be announced separately depending on the progress of subsequent reviews. Upbit will conduct a detailed review of ZIL during the designated period and decide depending on the situation whether to extend the caution period, lift the caution, or terminate trading support.
According to an official announcement, Upbit and Bithumb have stated that member companies of the Korea Digital Asset Exchange Association (DAXA) plan to terminate trading support for DRIFT. The reason for terminating DRIFT trading is that the foundation’s explanatory materials alone are insufficient to alleviate concerns that led to the project’s inclusion on the “Trading Caution List.” Furthermore, after a comprehensive review of all aspects related to the project’s progress, it was determined that the project fails to meet the criteria required to maintain trading support. DRIFT trading (buy/sell) will end on June 1, 2026, at 16:00 KST. Support for DRIFT withdrawals will be terminated on July 1, 2026, at 16:00 KST.