Upbit News
Binance Leads CEX Market, Upbit Rises as a Contender
Binance retains 34.7% of the CEX market, maintaining its dominance despite global regulatory challenges. Upbit emerges as a strong contender, driven by compliance and growth…
VTHO Price Prediction for Jan 23: What’s Behind the 280% Surge?
VTHO token shot up 199% on Monday and is up 280% in the past 24 hours. The cryptocurrency reached a peak of $0.012, a price…
Upbit’s Blockchain Defenses Fail as South Korea Flags Foreign Deals
Upbit faces sanctions for not meeting KYC and AML requirements in South Korea. 700,000 KYC violations found, risking a suspension of new customer sign-ups. Upbit's…
South Korea Regulators Clamp Down on Upbit, 700K KYC Violations Found
Upbit may face up to six months of business suspension for KYC and AML violations. FIU found 700,000 KYC lapses during license renewal inspections. Sanctions…
Bithumb Signs with Kookmin Bank, Challenges Upbit for Market Lead
Bithumb switches partner bank to KB Kookmin Bank starting March 24th. Kookmin Bank's stronger appeal to the 2030 generation promises increased accessibility for investors. The…
BTC’s Wild Ride: $63K to $96K on Upbit After Martial Law Repeal
Bitcoin crashes 30% on Upbit amid martial law, shaking South Korea's crypto market. Exchange outages and liquidation surges expose market volatility after BTC's steep drop.…
Upbit Faces Regulatory Hurdles in South Korea Over KYC
Upbit faces scrutiny as FIU finds 500,000-600,000 KYC compliance issues in license review. FIU inspections reveal potential fines up to 100 million won per KYC…
Binance’s Dominance in South Korea Sparks Anti-Monopoly Concerns
Binance has 22 times the volume of all Korean crypto exchanges combined. The price of BTC hit an all-time high on Korean exchanges at 120…
SAFE Outperforms APE, Market Cap Soars After Upbit Listing
SAFE surges 66% following Upbit listing, outperforming Apecoin's 63% rally. First-time SAFE accumulators add $2.24M in just one hour post-announcement. Korean exchanges are driving crypto…
Upbit’s Market Power in South Korea Attracts Regulatory Flak
FSC investigates Upbit's market dominance due to concerns over its K-Bank partnership. Upbit's control could risk K-Bank's stability, accounting for 20% of its total deposits. …
