XRP Faces Mounting Pressure as Binance and Upbit Traders Increase Selling
TL;DR: Upbit users deposited 53,658 XRP tokens in the last 24 hours, while on Binance, deposits reached 491,183 units. Total XRP reserves on Upbit have risen
Upbit (Latest Publications)
Upbit and Optimism Partner to Develop Ethereum Layer 2 ‘GIWA Chain’
TL;DR: Corporate Identity: Upbit operator, Dunamu Inc., signed a Memorandum of Understanding (MoU) with the Optimism Foundation for the development of the network. Governance Model: GIWA
Altcoin Mania Finds a New Epicenter: South Korea Dominates Trading Volumes
TL;DR South Korea concentrates roughly 30% of global crypto trading activity, with about 85% tied to altcoins rather than Bitcoin or Ethereum. Local exchanges such as
South Korean Court Overturns FIU’s Three‑Month Suspension of Upbit Operator Dunamu
TL;DR: A South Korean court annulled the partial suspension imposed by the FIU on Dunamu, operator of the Upbit exchange, due to regulatory gaps. The court
Upbit Stays at Center of South Korea’s Crypto Market
CoinMarketCap shows that Upbit recorded $1.08 billion in 24-hour spot trading volume. The same page describes Upbit Korea as the country’s largest cryptocurrency exchange by trading
Upbit Operator Posts Annual Revenue Decline Following 2024 Peak
TL;DR: Upbit, operated by Dunamu, recorded operating revenue of 1.56 trillion won ($1.03 billion) in 2025, a 10% drop compared to 2024. Operating profits contracted 26.7%
Arthur Hayes Loads Up on ETHFI Hours Before Upbit Listing—Signal or Coincidence?
TL;DR Arthur Hayes acquired around 132,730 ETHFI, worth close to $72,800, roughly 5 hours before Upbit confirmed the listing. The timing has triggered debate over possible
ICP Price Surges After Upbit Opens Trading With KRW, BTC and USDT Pairs
TL;DR Upbit listed ICP with KRW, BTC and USDT pairs on March 11, helping push the token more than 20% from $2.40 to around $2.90. Direct
AZTEC Rockets 69% After Securing Two New Listings in South Korea
TL;DR: Aztec surged 69% in 24 hours to $0.03255 after being listed on South Korean exchanges Upbit and Bithumb with KRW trading pairs. The addition of
Upbit tops Binance, Coinbase on XRP surge
Upbit has overtaken Binance and Coinbase in spot trading volume following a sharp spike in XRP activity driven by South Korean traders, according to data shared
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