Upbit


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Korean Crypto Exchanges Paid $14.7M to Banks for Name Verification Services: Report

Exchanges have to set up partnerships with banks for real-name verification by Sept. 24.

Seoul, South Korea

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Bit Mining Pivots Overseas, Ethereum Creator Joins ‘Stoned Cats’ Cast

China’s Bit Mining pivots to focus on overseas mining business. Korean crypto exchange Upbit accused of involvement in illegal transactions. Ethereum’s creator joins the cast of animated crypto series ‘Stoner Cats.’ We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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New Crypto Mining Hot Spots Emerge, Korea Crypto Controversy Escalates

New crypto mining hot spots emerge following China clampdown. Korea crypto conflict intensifies between Upbit and The Pica Project. Sotheby’s to accept crypto for 101 carat diamond auction. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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South Korea Looks to Ban Crypto Exchange Employees From Trading on Their Own Platforms

At present, there are no restrictions on exchange executives and other employees to trade cryptocurrency on their platforms.

The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.

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CEO of Upbit Parent Dunamu Says Exchange Eyeing Further Overseas Expansion

Speaking at CoinDesk's Consensus, the CEO of Upbit's parent company said the exchange was looking to expand into Southeast Asia.

Seoul

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South Korea’s Dunamu Pledges Nearly $9M to Protect Crypto Investors: Report

The Upbit operator plans to set up a unit to help prevent fraud and assist victims of crypto crime, among other things.

Seoul

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Blockstack's STX Token Doubles in a Day, as South Korean Retail Traders Look at Altcoins

Blockstack's STX token is benefiting from altcoin season – and a listing on a South Korean cryptocurrency exchange.

Blockstack PBC CEO Muneeb Ali

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South Korea's Dunamu Launches Bitcoin 'Fear and Greed' Index to Guide Traders

The tool is aimed at helping traders make better decisions based on market sentiment.

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Crypto Exchange Upbit Sets Withdrawal Delay in Bid to Tackle Fraudsters

The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.

Upbit-logo

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Binance Quashes Upbit Hackers' Attempt to Launder Stolen Funds

Binance managed to see an alert and freeze the stolen funds in little more than half an hour.

Credit: Shutterstock

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