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CryptoCurrency
Crypto Exchanges Spot Volume Hits $1.9T as Bitcoin Surges 40% in November 2024
2024-12-05T15:00:51.830+02:00
BTC's remarkable jump to $100K drove crypto exchange trading activity to near-historic highs.
Binance maintained its market dominance with a 50% share, while Upbit showed strong growth with a 386% MoM increase.
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CryptoCurrency
Upbit Singapore Granted MPI License for Institutional Crypto Services
2024-01-08T17:25:44.286+02:00
This license allows the crypto exchange to serve institutional and retail clients in Singapore.
Singapore has taken significant steps to regulate digital assets.
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CryptoCurrency
Upbit Owner Dunamu’s Profits Plunge 81% in Q3, Cites Global Economic Slowdown
2023-11-28T19:58:45.738+02:00
The company's sales dipped 29% in the third quarter.
This decline is attributed to a reduction of liquidity in the crypto space.
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CryptoCurrency
"Uptober" Takes Crypto Exchanges to New Heights: Best in 4 Years
2023-11-17T13:00:55.386+02:00
Crypto exchanges reported an impressive recovery in October 2023.
Binance remains the biggest platform, while ByBit jumps to the third spot.
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CryptoCurrency
Upbit's Singapore Entity Gets In-Principal Approval for MPI License
2023-10-16T10:42:40.517+02:00
Upbit's In-Principal Approval marks a step towards offering regulated services.
Singapore has emerged as a global cryptocurrency hub.
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CryptoCurrency
Crypto Volumes Hit Rock Bottom: 9 out of 10 Leading Exchanges Report September's Slump
2023-10-12T15:40:00.000+02:00
The crypto volumes have fallen to their lowest levels this year.
Binance, Upbit and Huobi remain in their top spots but also experience lower trading activity.
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CryptoCurrency
Rising Cyberattacks: Upbit Targeted in 159,000 Hacking Attempts
2023-10-09T10:20:53.956+02:00
Alarming figures regarding Upbit hacking attempts have been revealed.
The South Korean government is being urged to bolster cryptocurrency exchange security.
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CryptoCurrency
Bitcoin's Summer Slump: Why August Was a Nightmare for Crypto Exchanges
2023-09-07T17:32:28.376+02:00
Binance, Upbit and Hobi retain their leading spots despite the overall crypto decline.
Last month recorded the lowest crypto trading volumes since 2020.
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CryptoCurrency
Combined Crypto Spot and Derivative Exchange Volumes Sink to Yearly Low
2023-08-03T15:35:49.570+02:00
Spot and derivatives volumes plummeted to $515 billion and $1.85 trillion, respectively.
Upbit beat Coinbase and OKX to become the second-largest exchange after Binance.
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CryptoCurrency
Upbit Stops CRV Withdrawal as Curve Finance Loses Millions of Dollars to Exploit
2023-07-31T17:23:23.504+02:00
BlockSec estimates that over $41M has been stolen from the hack.
Upbit says it wants to “ensure the safety of digital asset transactions.”
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CryptoCurrency
Crypto Exchange Upbit Strikes Deal with Italian Football Club Napoli
2023-01-03T20:23:05.112+02:00
Upbit's branding will appear on the back side of the club's players' shirts.
Recently, Ebury inked a sponsorship deal with another Italian football club.
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Crypto Exchange Upbit Operator Sees 47% Decline in Q1 Revenue
2022-05-31T12:01:17.636+02:00
The drop was propelled by a decline in cryptocurrency demand.
The company is now focused on international expansion.
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News
Crypto Exchange Upbit Registers with South Korean FIU
2021-08-23T12:21:29.000+02:00
Only four local crypto exchanges have mandatory banking deals to maintain real-name client accounts.
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Korean Crypto Exchange Upbit Plans for International Expansion
2021-05-25T14:19:37.000+02:00
The exchange already has a presence in some Southeast Asian nations.
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South Korean Conglomerate Hanwha Buys $52 Million Stake in Upbit
2021-02-03T14:03:43.000+02:00
The minority ownership will be transferred on February 22.
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Upbit Thailand Launches as Bitkub Facing Troubles
2021-01-22T08:59:02.000+02:00
Bitkub handles 97 percent of the total crypto trading in Thailand.
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News
Upbit Ramps up Security with 24-Hour Withdrawal Delay
2020-11-27T14:51:37.000+02:00
Traders have to wait for a day after fiat deposits to cash out in crypto.
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Upbit Gains Four Crypto Licenses from Thai Regulator
2020-08-13T14:37:43.000+02:00
Only a few crypto exchanges are licensed to offer services in Thailand.
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Upbit Upgrades ETH Wallet Security Following $50M Hack
2020-01-14T12:25:56.000+02:00
The exchange introduced new wallet addresses as the previous ones were scrapped.
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DXM, Ledger Developing a Crypto Custody Service for Institutions
2019-12-05T08:21:39.000+02:00
The platform will be backed by Ledger Vault.
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News
UpBit Gets Hacked, $50 Million in Ether Stolen
2019-11-27T13:15:55.000+02:00
The exchange suspended deposit and withdrawal services amid the hack.
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UpBit to Delist Five Altcoins Due to Money Laundering Concerns
2019-09-23T11:54:37.000+02:00
It already halted deposits with these coins.
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North Korean Hackers Try to Steal UpBit Customer Information
2019-05-31T08:20:02.000+02:00
Until now, no victims of the attack have come out publically.
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South Korean Crypto Exchanges Team Up to Tackle Money Laundering
2019-01-28T16:16:28.000+02:00
The real-time system will flag any suspicious transaction, further blocking the related accounts.
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Exchanges
Korean Authority Indicts Upbit’s Executives for Fraud
2018-12-21T14:55:21.000+02:00
The exchange has allegedly raked more than 120 billion won by creating false orders.
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