DigitalX Moves to Raise $35.3M After Korbit Acquisition
TL;DR: DigitalX, operator of the Korbit exchange, approved a capital increase of around 50 billion won ($35.3M) through the issuance of new shares. All new shares
Korbit (Latest Publications)
Korbit Set to Rebrand as Digital X Under Mirae in Major Strategic Shift
TL;DR Mirae Asset completed the acquisition of 97.15% of Korbit, South Korea’s oldest cryptocurrency exchange, and will rebrand it as Digital X. The company seeks to
Mirae Asset Takes Control of Korbit After Clearance
Korbit said that Mirae Asset Consulting, an affiliate of Mirae Asset Financial Group, acquired its shares after completing required regulatory reporting procedures and became the exchange’s
South Korean Crypto Exchanges Push Stablecoins as Won Volatility Reshapes Trading Patterns
TL;DR: Won-dollar exchange rate surpassing 1,480 triggered 62% spike in Tether trading volumes across major Korean exchanges Korbit, Coinone, Upbit, and Bithumb launched fee waivers and
South Korean Media Reports Spark Rumors of Bybit-Korbit Deal, Both Sides Deny
TLDR South Korean media report that Bybit is in the process of acquiring the Korbit exchange. Both Bybit and Korbit have denied knowledge of or commented
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