In a significant move, South Korean cryptocurrency exchange Coinone has announced the delisting of the PORT3 token due to a serious security breach. This decision comes in the wake of an incident that raised concerns about the integrity of the token and the safety of investors' assets. The source reports that the exchange is taking this step to protect its users and maintain trust in its platform.
Security Breach at Coinone
On November 23, 2025, Coinone experienced a security breach that allowed for the unauthorized creation and issuance of additional PORT3 tokens. In response to this alarming situation, the exchange has issued an investment warning to its users, highlighting the potential risks associated with holding the compromised token.
Deadline for PORT3 Token Holders
Coinone has set a deadline for PORT3 token holders, urging them to withdraw their assets before the delisting takes effect on January 26, 2025. The exchange's proactive measures aim to protect investors from potential losses stemming from the security incident, emphasizing the importance of vigilance in the rapidly evolving cryptocurrency landscape.
In contrast to the recent security breach at Coinone leading to the delisting of the PORT3 token, Forward Industries has announced the tokenization of its SEC-registered shares on the Solana blockchain. This innovative move aims to enhance accessibility for investors. Read more.
