Upbit, Bithumb Issue Caution for Lisk (LSK) Investments

IconCrypto News Terminal25 Apr, 2024

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Upbit, Bithumb Issue Caution for Lisk (LSK) Investments

**Upbit and Bithumb, leading cryptocurrency exchanges, have advised caution to investors considering LSK (Lisk)**. Their announcements highlight the upcoming network transition for Lisk, involving a move to an Ethereum-based L2 network (Lisk L2) and the continuation of the Lisk mainnet through a community-led hard fork by Klayr. Both exchanges pledge to support the airdrop of KLY, a result of the Klayr hard fork. **Previously on 25 April 2024, Upbit and Bithumb urged caution for LSK investments.** They emphasized Lisk's network transition and the hard fork that would lead to the creation of KLY, an asset distributed to LSK holders.

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