Coinone places NTRN on delisting watchlist

South Korean crypto exchange Coinone announced that it has placed Neutron (NTRN) on its delisting watchlist for approximately one month. The exchange explained that the decision was made after confirming the Neutron project is implementing measures equivalent to a practical service termination, following an announcement that it would transition to a "Long Term Support" mode. Coinone cited shortcomings in the viability and sustainability of the project's virtual asset business and the potential for user harm as reasons for the designation.