Coinone Places Scallop's SCA Token on Delisting Watchlist

Coinone, a prominent South Korean cryptocurrency exchange, has placed Scallop's SCA token on its delisting watchlist due to an unresolved security incident. The exchange cites the incident as a potential threat to user safety, leading to a temporary suspension of deposits.

The security incident is likely related to a hack or exploit affecting Scallop's wallets or ledger. Coinone has not disclosed specific technical details about the incident. However, the exchange has stated that it will review the situation and make a final decision on delisting SCA in due course.