According to BlockBeats, on September 11, according to Cointelegraph, Brazilian crypto bank Nubank suspended trading of its native token Nucoin (NUC), offering users the option of converting to Bitcoin or USDC before December 9.
It is reported that Nubank is one of the largest crypto banks in Latin America and was acquired by Warren Buffett’s Berkshire Hathaway. Nubank announced the creation of the Nucoin (NUC) token on the Polygon blockchain on October 19, 2022, but the price of the token has fallen by more than 97% in the past year and is now at $0.0158.
