Upbit announced via its official website that it will delist NKN (NKN) on June 15 at 15:00. The exchange explained, "After comprehensively considering the actual status of the virtual asset-related business, its sustainability and progress, trends in the increase/decrease of on-chain holders, domestic and international trading volume, liquidity, and trading support status in domestic and international markets, including the overall trading and adoption status of virtual assets, we confirmed that there are numerous deficiencies and a possibility of causing user harm."