Upbit Adds CP and USELESS While Removing HEMI After Hack

Crypto exchange Upbit is shaking up its market listings today. The platform confirmed it is adding trading support for CP and USELESS. Traders should keep an eye on these new pairs as they begin their first day of active movement on the exchange.

At the same time, Upbit decided to remove HEMI from its platform. This move follows a security exploit that targeted a legacy contract. The incident resulted in the loss of 124.5 million unclaimed HEMI tokens. Because of the security risks, the exchange opted to cut ties with the project to protect its users.

These adjustments highlight how quickly exchanges react to security failures. While new listings like CP and USELESS often attract interest from traders looking for fresh opportunities, the removal of a token serves as a reminder to check for recent project news before entering a position. Keep a close watch on how the market reacts to these new listings throughout the session.