Summary
- SteemDollars is reported to be trading at 15,000 KRW, up 320% from the previous day.
- SteemDollars is currently designated as a cautionary asset on Upbit.
- The designation as a cautionary asset was made considering the potential for user harm.
SteemDollars (SBD), designated as a cautionary asset on the domestic cryptocurrency exchange Upbit, is experiencing an unprecedented surge.
As of the 8th, SteemDollars is trading at over 15,000 KRW on Upbit's KRW market, marking a 320% increase from the previous day.
On December 30th, Upbit designated SteemDollars as a cautionary asset, citing multiple deficiencies in its purpose, function, trading, and adoption status, which could potentially harm users.
YM Lee
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