Alex Dovbnya A new meme coin, MTL, is gaining popularity in the cryptocurrency world, with its trading volume soaring on South Korea’s Upbit exchange A new meme coin is taking the crypto world b...
Tag: Upbit
Chiliz (CHZ) Rises by 10% After Upbit Exchange’s Announcement
Lookonchain tweeted that CHZ prices rose by 10% with Upbit’s announcement. CHZ trading at $0.1049, rose to $0.1153 within hours after the announcement. CHZ gains momentum mid of the regression trend c...
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys – Bitcoin News
Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the company that operate...
Upbit logo to appear on Napoli FC jerseys
Upbit, the Korean cryptocurrency exchange, is taking its brand to the world of sports sponsorship. Its logo will appear on the back of Napoli’s jerseys in the Serie A and Coppa Italia competitions. Up...
South Korean Exchange UpBit Becomes Shirt Partner Of Napoli
– Advertisement – The partnership was made possible through a sponsorship deal between Napoli and Dunamu, the South Korean firm operating UpBit. UpBit, South Korea’s largest exchange by tr...
Waves down 12% as Upbit issues investment warning
South Korea-based exchange Upbit has cautioned its users against investing in WAVES due to its high volatility resulting from the USDN depegging. USDN is an algorithmic stablecoin backed 1:1 by WAVES....
Upbit Extends Crypto Trading Ban to Family Members of Staff
Exchange News Dunamu felt it had a responsibility to its community, therefore it decided the restriction. Only the top 12 cryptocurrencies, as measured by market cap, may be traded. Dunamu, the South ...
Upbit Parent Firm Posts Over 70% Decline in Profits in Q3
According to the latest report, Dunamu’s sales declined by over 66% compared to the same period last year, in addition to its operating profit sliding by 76.6% and net profit by 72.7%. Moreover, the f...
South Korean Crypto Exchange Upbit Accused of Instigating Token Removal – Featured Bitcoin News
According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. ...
Upbit Discloses Terra Transaction Fees Utilization Plan
6 hours ago | 2 mins read Exchange News Upbit’s Luna Fee Utilization Committee has agreed to split transaction fees. A white paper explaining what led to the LUNA problem is part of the near-term agen...
Upbit Reveals Plans To Use Terra Classic (LUNC) Transaction Fees
South Korea’s top crypto exchange Upbit plans to divide Terra Classic (LUNC) transaction fees worth about $4.6 million charged during the Terra-LUNA crisis into short-term and mid-to-long-term plans. ...
Crypto Exchange Upbit Holds Special Meeting On Terra Classic (LUNC)
South Korea’s top crypto exchange Upbit held a meeting to decide whether to refund transaction fees on Terra Classic (LUNC) to users or not. Upbit earlier in May announced to return commissions and tr...
Investor accused Upbit of postponing coin transfer before Luna cash –
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Upbit Announces Committee Setup to Refund Terra Investors
4 hours ago | 2 mins read Exchange News Korbit made an estimated 27 million won in commissions at the end of the term. As of May 30th, the refund fee amounted to almost $9.5 billion won by Upbit. The ...
Terra-LUNA Investors To Get Refund, Upbit To Form A Committee
It’s been a while that Terra (LUNA) investors and traders who lost their money have been waiting for some genuine response from Do Kwon, Terra founder. The collapse witnessed Terra USD lose its peg ag...
Upbit, Bithumb among Korean crypto exchanges hit in Terra fraud raid
Korean prosecutors investigating a case of fraud linked to the collapse of stablecoin protocol LUNA and its sister-asset TerraUSD (UST) have raided seven crypto exchanges in the country, reports Yonha...
South Korean Prosecutors Raid Upbit and Other Local Crypto Exchanges Over Terra’s Crash
A group of investigators from the Seoul Southern District Prosecutors Office raided local crypto exchanges on Wednesday in an ongoing investigation into the infamous Terra Luna crash, Yonhap News Agen...
Operator of UPbit Crypto Exchange Earmarks $400M to Invest in Web3 Startups
Dunamu, the operator of the South Korean crypto exchange UPbit, announced on July 12 that will inject around 500 billion won ($385 million) into 500 Web3 startups in the next five years. The release h...
Report: Upbit Parent Company Dunamu Reveals Plan To Create 10,000 Jobs With $380 Million Investment
– Advertisement – Upbit parent company reveals expansion and investment plans despite market conditions. On Tuesday, leading Korean Fintech company Dunamu, operators of leading Korean cryp...
After Months Of Terra-LUNC Crash, Upbit To Invest $380 Million For Future Technologies
It was in late May 2022 that the world of crypto was hit with a thunderstorm due to Terra (LUNA) collapse along with its UST stablecoin depegging. This incident not just affected the investors and tra...
South Korean Exchange Upbit Warns Users About Tron Fluctuation After USDD De-Peg
– Advertisement – South Korean crypto trading platforms are no longer taking chances after the Terra incident. A lot of lessons were learned following the de-peg of TerraUSD (UST), the al...
Litecoin delisted by Bithumb and Upbit
Litecoin (LTC) has been delisted from Korea’s leading crypto-exchanges, Bithumb and Upbit, after the Mimblewimble update introduced new privacy features. Litecoin (LTC) delisted by Bithumb and Upbit ...
South Korea’s Upbit and Bithumb warn over Litecoin privacy feature
Litecoin implemented the MimbleWimble Extension Blocks (MWEB) recently to boost privacy within the network. The privacy-focused upgrade could be good news for developers and users of the Litecoin netw...
Dunamu The Owners Of Upbit May Have His Dominance Curtailed As A Result Of A Financial Dispute
The company’s status as a small or medium-sized corporation (SME) is expected to change in the near future, according to reports. The Fair Trade Commission (FTC) was seriously considering designating ...
Upbit operator donates 1 billion Won to Ukraine
TL;DR Breakdown South Korean fintech company, Dunamu donated one billion won to Ukraine WFP ramps up food operation to Ukraine Dunamu, the operator of the largest South Korean cryptocurrency exchange ...
South Korea’s Bithumb and Upbit Achieve Unicorn Status
South Korea’s two largest crypto exchanges attain unicorn status to take South Korea’s global unicorn ranking to No. 4 South Korea’s Financial Supervisory Service (FSS) will tighten the monitoring of ...