Bithumb to delist LeverFi (LEVER) on August 18

South Korean crypto exchange Bithumb has announced on its official website that it will delist LeverFi (LEVER) from its platform. The removal is scheduled for Aug. 18 at 06:00 UTC. The exchange explained that the decision came after the materials submitted by the project failed to address the issues that had placed it on the list of closely monitored assets. Following an in-depth evaluation of the project's disclosures, viability and sustainability, it was determined that the token no longer meets the listing requirements.