Upbit Suspends HPO Trading Amid Volatility Concerns

South Korean crypto exchanges are sounding alarms regarding the HPO token, formerly known as Hippocrat, after a rebranding to Hippo Protocol. Upbit and Bithumb, leading members of the Digital Asset eXchange Alliance (DAXA), have issued warnings about potential price volatility stemming from these developments. These actions are in alignment with DAXA’s focus on fostering regulatory compliance and ensuring market integrity within the Korean crypto landscape.