Exchanges
South Korea’s 8% stock crash set up a crypto rotation but Upbit volume rose just 4%
Even after rising twice, Upbit volume on July 14 remained 27% below its 30-point average.
UPbit
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Hacks
BonkDAO’s treasury raided for $20M due to lack of governance interest
The malicious proposal shows how token-weighted votes can become a treasury access path when DAO review controls are too thin.
Exchanges
Naver merger talks to route 30M shoppers to Upbit sparking fee collapse
Cheaper stablecoin checkout could force banks and card giants to cut rates.
Exchanges
South Korean banks urge policy shift to broaden crypto exchange ties
The banking executives argued that ending exclusive bank-exchange ties will unlock greater financial service options.
Exchanges
South Korean exchange UPbit saw massive earnings growth in 2024 amid regulatory hiccups
South Korean court ruling offers Upbit parent company Dunamu temporary relief from regulatory restrictions as profits soar.
Regulation
Upbit owner clashes with South Korean regulators in legal battle
The legal show down arrives as South Korea intensifies crypto oversight.
Investments
South Korea’s crypto volumes spike as Woori eyes over $300 million Upbit exit
As South Korean politics heat up, Woori's strategic Dunamu sale could reshape the crypto landscape.
Crime
South Korea links major crypto heist to North Korea, recovers Bitcoin
South Korea's success in reclaiming stolen crypto marks a breakthrough in combatting North Korean cybercrime.
Exchanges
South Korea investigates Upbit’s KYC violations amid market dominance concerns
Blurred IDs and potential fines loom over South Korea's largest crypto exchange in KYC compliance debacle.
Exchanges
South Korea investigates Upbit over market dominance concerns
A South Korean lawmaker raised concerns about the exchange close relationship with K Bank.
Trading
South Korean crypto trading volumes soar with altcoins taking center stage
Upbit commands an 80% market share among South Korean exchanges as altcoin trading drives the surge.
Exchanges
UPbit becomes third major crypto firm to secure licensing in Singapore this October
Singapore's MAS has granted licenses to three major crypto firms, including Upbit Singapore, this month.