[Bithumb and Upbit Designate Grostlcoin (GRS) as a 'Cautionary Trading' Project] BlockBeats News, December 2: South Korean cryptocurrency exchanges Bithumb and Upbit announced on the same day that Grostlcoin (GRS) has been designated as a 'Cautionary Trading' project, and deposits have been suspended simultaneously. DAXA (Digital Asset eXchange Alliance, a self-regulatory organization for Korean exchanges) noted during its review that the GRS project team has insufficient disclosure on key matters affecting the token's value, with multiple instances of substandard business progress, posing potential risks to investors.