Upbit News
Crypto Billionaires in South Korea: Young Investors Hold $739 Million
Upbit and Bithumb’s study reveals that 185 young South Koreans hold KRW 1 billion in cryptocurrencies. 3,759 individuals own crypto accounts with their portfolio exceeding…
Upbit Listings Spark Price Surges for MINA, CTC, and Other Tokens
Several tokens listed on Upbit saw notable price increases, driven by high trading volumes and market interest. Stable performers like Astar and Tottenham Hotspur tokens…
South Korea Crypto Tax: New ‘Quasi-Tax’ Imposed on Exchanges
South Korea imposes a new "quasi-tax" on crypto exchanges. Upbit, Bithumb, Coinone among exchanges facing new fees. Tax aims to strengthen oversight and combat crypto…
KakaoTalk’s Klip Wallet Adapts to South Korea’s Stricter Crypto Rules
South Korea’s messaging app KakaoTalk reduces the functionality of its crypto wallet, Klip. Users can use Klip’s standalone app for crypto-related services. KakaoTalk’s move aligns…
DAXA Leads Altcoin Review in South Korea, Aims to Boost Investor Confidence
South Korea reviews 1,333 tokens to check their compliance with user protection legislation in the next six months. The announcement eliminates speculations of a mass…
South Korea Tightens Crypto Oversight with New User Protection Law
South Korea embraces a new regulatory framework to satisfy the public expectation of a crypto-friendly regulation. The FSC Chairman Kim Joo-hyun states that the new…
Korean Won Becomes the Most-Used Currency to Trade Crypto Assets
Korean won surpassed USD in terms of trading volume. Upbit hosts 80% of the total Korean trading volume. Crypto.com recently delayed its debut in the…
Upbit Announces Listing of SPACE ID (ID) on Its BTC Market
South Korean exchange Upbit revealed in an announcement today that it will be listing SPACE ID (ID) on its BTC market. The confirmation of the…
Upbit Resumes Services After a Major Security Breach: Report
Upbit identified a $3.4B inflow in counterfeit APT tokens dubbed "ClaimAPTGift.com” Definalist unveiled a failure to check the type of arguments when the scam occurred.…
Upbit Parent Company Sees $124 million Profit in Q3 of 2022
South Korean fin-tech company Dunamu saw a revenue of $205 million and a profit of $124 million.However, the figures are 66% and 76% below the…
