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Upbit Exchange Hacked For 50 Million Dollars in Ethereum

Upbit Exchange Hacked For 50 Million Dollars in Ethereum

CEO of Upbit, wrote a report explaining the reasons why deposits and withdrawals were not functional on the exchange at the moment, noting that a shocking total of 342,000 ETH were stolen from the Upbit Ethereum Hot Wallet.

Upbit Singapore Secures MAS's MPI Licence

Upbit Singapore Secures MAS's MPI Licence

Upbit Singapore receives a Major Payment Institution license from MAS, marking a key step in its expansion and compliance with Singapore's regulatory standards in the digital asset sector.

Dunamu's Upbit Reports 81% Profit Drop in Q3 2023

Dunamu's Upbit Reports 81% Profit Drop in Q3 2023

Upbit's owner, Dunamu, is facing an 81% drop in Q3 2023 profits due to falling crypto prices and a sluggish investment environment.

Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms

Upbit Becomes the First Exchange to Register with FIU as September Deadline Looms

Upbit has now registered with FIU as other exchanges move to follow this lead before the September 24 regulation deadline.

ApeCoin Experiences Sharp Price Surge on South Korean Exchange

ApeCoin Experiences Sharp Price Surge on South Korean Exchange

Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy and trading restrictions on the exchange.

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.

South Korea Top Four Crypto Exchanges Launch Joint Venture To Abide By AML Regulations

South Korea Top Four Crypto Exchanges Launch Joint Venture To Abide By AML Regulations

The heads of Bithumb, Korbit, Coinone, and Upbit signed a memorandum to form a company with a system, which will enable them to adhere to anti-money laundering regulations.

Upbit Announces Next LUNA2 Airdrop for LUNC Holders

Upbit Announces Next LUNA2 Airdrop for LUNC Holders

Upbit, a Singapore-based cryptocurrency exchange, plans to launch a LUNA2 airdrop targeting LUNC holders, marking a significant milestone in the rebranding process. The airdrop will be distributed staggered over 24 months, with LUNC holders receiving an extra 30% of the initial airdrop.

Upbit Announces Listing of Layer 1 Blockchain SEI

Upbit Announces Listing of Layer 1 Blockchain SEI

Upbit has announced the listing of SEI, a Layer 1 blockchain specialized in DeFi, on its KRW and BTC markets, with trading support to commence on August 15, 2023.

Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023

Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023

Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker Park Sung-jung criticizes the ambiguous role of the Ministry of Science and Technology in regulating the exchange.

Bitcoin SV (BSV) Surpasses $100

Bitcoin SV (BSV) Surpasses $100

Bitcoin SV (BSV) has surpassed $100 due to strong technical indicators and market activity, especially in South Korea, influenced by market sentiment, technical analysis, and trading volume dynamics.

S. Korean Exchanges to be Held Accountable for LUNA Crash

S. Korean Exchanges to be Held Accountable for LUNA Crash

According to the latest reports from local media platform Newspim, the top cryptocurrency exchanges are now likely to be held accountable for failing to implement measures to protect investors from the crash.

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