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Upbit
Upbit, South Korea's Largest Crypto Exchange, May Face Sanctions in the Country: Report
Crypto exchange Upbit could face sanctions from South Korean authorities for not complying with money laundering obligations.
Bitcoin Flash Crash to $63K on Upbit After South Korea's Martial Law
Bitcoin fell as low as $63,000 on Upbit after martial law was declared in South Korea. According to data from Lookonchain, whales moved large amounts of tether onto the crypto exchange to take advantage of the BTC discount Tuesday. CoinDesk's Christine Lee presents the "Chart of the Day."
Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb
DOGE's price has surged 78% since Trump's election win a week ago.
Akash Network’s Token Surges Nearly 50% on Upbit Listing
Akash Network’s token surged to nearly $7 after the token was listed on South Korean exchange, Upbit. Upbit is the largest crypto exchange in South Korea by trading volume, and AKT has a market cap of 1.45 billion dollars according to Messari. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Crypto Fee War Intensifies in South Korea
According to Kaiko data, Upbit has been the dominant player in the South Korean crypto markets since 2021 with an average market share of 82%. Since exchanges started promoting their zero-fee campaigns, competition has intensified during the recent bull run. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Trading Volume on South Korean Crypto Exchange Upbit Crashes 75%
Upbit's 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show.
Bitcoin's 'Sell The Fact' Pullback Came From Binance, OKX: Kaiko
The cumulative volume delta (CVD) indicator show traders from Binance have led the so-called "sell-the-fact" pullback in bitcoin.
Crypto Exchange Upbit Gets Full Licensing in Singapore
Upbit said it is "poised to expand [its] range of offerings," having acquired a MPI license.
South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research
Koreans trade differently to the rest of the world, market data shows.
Upbit Receives Preliminary 'In-Principal' Approval in Singapore
The in-principal approval allows Upbit Singapore to continue providing regulated digital payment token services in compliance with the Payment Services Act 2019.
