The Recall Foundation said that its board of directors had decided to shut down the foundation and destroy approximately 359000000 tokens RECALL. The foundation said that the project was not ceasing operations because of a hack or security incident and expects to complete liquidation in the first quarter of 2027.
Upbit and Bithumb will, due to previously occurring security incidents involving Initia whose cause has not been determined or remedied, list INIT as an asset under a trading warning; deposits and withdrawals had previously been suspended.
Upbit After reviewing the statement submitted by MANTRA and the current handling progress, it decided to extend its designation period as a trading-warning asset.
