Upbit delists ICX/KRW trading pair on Oct. 19 due to unresolved security incident risks, with withdrawals supported until Nov. 18.
Regulation & Gov ·
Upbit, South Korea's largest cryptocurrency exchange, will delist the ICX/KRW trading pair on October 19, 2026 at 3:00 p.m. Korea Standard Time, with all open orders canceled at that time. The exchange cited unresolved security incident risks tied to ICON (ICX) as the reason for discontinuing the pair, noting that the underlying concerns have persisted since the asset was flagged as an investment caution asset.
Withdrawals of ICX will remain available through November 18, 2026, providing a window for users to exit their positions after trading support ceases. ICON is a Layer 1 blockchain that launched in 2017, with ICX serving as its native token historically used for network transactions, staking, and governance functions.
The delisting follows months of unresolved security issues, though the specific nature of those risks and whether they stem from the blockchain protocol, the token itself, or the ecosystem remain unspecified by Upbit. It is unclear whether other exchanges plan similar actions or if ICON has addressed the security concerns flagged by the exchange.