Upbit to delist NKN on June 15

South Korean crypto exchange Upbit will delist NKN at 6:00 a.m. UTC on June 15, according to an announcement on its official website. The exchange explained that a comprehensive review found numerous shortcomings and a potential for user harm. The decision was based on factors including the project's business viability, sustainability, and actual progress, as well as on-chain holder trends, domestic and international trading volume, liquidity, and the status of its listings on other exchanges.