Bithumb Places HEMI Token on Delist Watchlist Amid Smart Contract Vulnerability

Bithumb, a South Korea-based cryptocurrency exchange, has added the HEMI token to its delisting watchlist. The decision follows the discovery of a security vulnerability in the smart contract used for distributing initial reward claims.

The vulnerability led to unauthorized token withdrawals and asset liquidations, prompting Bithumb to re-evaluate the trading status of the HEMI token.

The exchange placed the token on its delist watchlist, indicating that it will closely monitor developments related to the project and token. This review may result in termination of trading support if the token does not meet Bithumb's listing criteria.