Upbit, Bithumb, Coinone issue investment warning for LWA

South Korean crypto exchanges Upbit, Bithumb, and Coinone have announced an investment warning for LumiWave (LWA). The exchanges explained that LWA has announced a proposal for a mainnet migration and rebranding to expand its business. They noted that this move is expected to increase the token's total and circulating supply, which could lead to greater price volatility.