Upbit’s 35.2B-Won Fine Put on Hold After Dunamu Appeal
TL;DR Dunamu’s objection has temporarily paused enforcement of a 35.2 billion won ($25.1 million) Upbit penalty while a court review proceeds. FIU cited 5.3 million KYC
Upbit (Latest Publications)
KBank Registers Stablecoin Wallet Brands, Tapping Upbit PartnershipKBank Registers Stablecoin Wallet Brands, Tapping Upbit Partnership
KBank, the South Korean neobank and exclusive partner of Upbit, filed 13 trademark applications for stablecoin wallets ahead of its upcoming IPO. Registered names include KSC
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 Politician Rejects Claims of Targeting Upbit Amid Son’s Bithumb Role
Kim Byung-ki, floor leader of South Korea’s Democratic Party, faced multiple calls to resign following conflict-of-interest allegations. A former aide claims Kim instructed public attacks on
Upbit Madness Sends XRP Volume To $1.55B As Traders Dump Positions
TL;DR XRP trading activity on South Korea’s Upbit surged to $1.55B in cumulative seven-day volume, overtaking several global exchanges and signaling intense position rotation. Despite the
HumidiFi Token Surges 50% After Upbit, Bithumb Announce Listings
TL;DR Price Surge: HumidiFi (WET) skyrocketed from $0.181 to $0.279 before stabilizing near $0.28, marking a 50% gain in hours and reflecting strong investor enthusiasm after
Binance Criticized for Recovering Only 17% of Upbit Hack Funds
TL;DR Binance Response: The exchange managed to freeze only 17% of the stolen Solana, roughly $75,000, and confirmed the action 15 hours after investigators’ urgent request.
Upbit Hack Update: $1.77M Frozen in Recovery Effort
TL;DR: Upbit froze $1.77 M in stolen assets and initiated a recovery phase after the hack. The exchange reimbursed confirmed losses using its own reserves and restored
South Korean Authorities Launch Formal Investigation Into $30M Upbit Hack
TL;DR: Upbit suffered a $30M hot wallet exploit that triggered a national cybercrime investigation. Authorities are tracing coordinated on‑chain movements tied to external hacking activity. The
Upbit Boosts Security by Wiping Legacy Deposit Addresses
TL;DR: Upbit erased all legacy deposit addresses after a major hack, mandating new address creation before deposits can resume. Deposit/withdrawal services return gradually under strengthened security,
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