Upbit Sees Explosive 273% Volume Spike Fueled by Bitcoin’s Rally
TL;DR Upbit, South Korea’s largest exchange, recorded a 273% surge in its 24-hour trading volume. Daily volume reached $1.84 billion, the highest level since mid-March, driven
Upbit (Latest Publications)
Upbit and Bithumb Report Sharp Revenue and Profit Drops in H1 2026
TL;DR Market downturn: Upbit and Bithumb saw steep declines in revenue and profit as crypto trading activity weakened and major assets like Bitcoin and Ethereum fell
South Korean Crypto Volumes Spike as Stock Market Plunges Nearly 18%
Upbit’s KRW-USDT market saw trading volume approach 200 billion won, or roughly 140 million USDT, on July 29, compared with about 20 million USDT on July
Upbit-Naver Stock Swap Delayed Again Amid Heated Crypto Regulation Battle
TL;DR: Upbit parent Dunamu and Naver Financial delayed their stock-swap transaction for a second time, pushing the closing date to Dec. 31, 2026. The deal uses
Naver Financial and Dunamu Push Stock Swap Deadline to Dec. 31 Amid Regulatory Shifts
TL;DR: Naver Financial and Dunamu postponed their share swap for a second time, with a new deadline now set for December 31, 2026. The deal, valued
XRP Is Back: Price Explodes Above $1.20 in Major Breakout
TL;DR: XRP broke through resistance levels at $1.14, $1.18, and $1.20 with the highest volume recorded since the beginning of June. The token has gained 11.5%
Worldcoin Rallies 27% in 24 hours and Eyes a New Chapter Driven by AI
TL;DR: Worldcoin surpassed $0.61 following a 27% rally. Its market cap exceeds $2 billion and its trading volume stands near $1 billion. WLD has gained 157%
Samsung Affiliates Set to Acquire 4% Stake in Upbit Operator Dunamu
TL;DR: Samsung Securities, Samsung SDS and Samsung Card plan to acquire a combined 4% stake in Dunamu, operator of South Korea’s Upbit exchange. The deal is
Korea’s FSC Reviewing Hana Bank’s $668M Bid for 6.55% Stake in Upbit Operator Dunamu
TL;DR: South Korea’s FSC is reviewing Hana Bank’s $668 million purchase of a 6.55% stake in Dunamu, the operator of Upbit exchange. The regulator is analyzing
Hana Financial Moves to Acquire 6.55% Stake in Upbit Operator Dunamu for $668M
TL;DR: Hana Financial will acquire a 6.55% stake in Dunamu, operator of the Upbit exchange, for $668 million, becoming its fourth-largest shareholder. The purchase involves the
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