Tag: Upbit
Optimism (OP) Price Hits $0.83, More Upside Ahead?
Key Insights OP’s price spiked 15% after a listing on Upbit, South Korea’s top crypto exchange. Trading volume surged over 225% in a show of…
Pudgy Penguins Flip DOGE on Upbit as PENGU Eyes 200% Rally
Key Insights: PENGU’s 24-hour trading volume on Upbit beat Dogecoin’s, despite having just 1/13 of its market cap. Analysts believe this volume spike is likely…
Dunamu Files Lawsuit Against FIU Over Upbit Sanctions
Story Highlights Dunamu sues FIU over sanctions imposed on Upbit, seeking to overturn disciplinary measures. FIU penalized Dunamu, suspending business for three months and disciplining…
Upbit Under Fire Amid FIU Disciplinary Hearing
On January 21, South Korea’s FIU will review Upbit’s KYC violations. South Korea increases crypto rules, focusing on KYC and client safety. South Korea’s biggest…
South Korea Launches Probe into Upbit Monopoly in Crypto Market
The South Korean Financial Services Commission (FSC) has announced an investigation into the market monopoly structure surrounding Upbit. It is the largest cryptocurrency exchange in…
South Korea Is Looking to “Institutionalize” Digital Currency
South Korea is pushing legislation that would bring cryptocurrency and blockchain technology into more mainstream territory. South Korea Is Looking to Change At one time,…
Amazon Web Services (AWS) Outage Disrupts Crypto Exchange Services
Technical snags on the servers of the world’s leading cloud service provider forced two major South Korean cryptocurrency exchanges to go offline. AWS Services Impacted…
Cryptocurrency Exchanges Need to Screen New Coin Listings, Upbit CEO Warns
These are exciting and troubling times for the cryptocurrency industry. Hundreds of new assets are introduced to the market every single month. This makes it…
