UPBIT

Highlights: Upbit cannot process crypto deposits and withdrawals for new users for three months due to violations. Authorities found that Upbit failed to verify customer identities and processed transactions with unregistered service providers. Upbit is making changes and is working […]

Highlights: Upbit faces FSC sanctions for failing to verify over 700,000 customer identities. Regulators warn of heavy fines, possible suspension, or stricter compliance measures. Cryptocurrencies are coming under more scrutiny in South Korea, affecting exchanges and institutional trading policies. The […]

Highlights: LAYER falls 16% to $1.08 despite Upbit listing hype. Volume soars 5.2M% to $2.1B in 24 hours. Profit-taking and competition weigh on price. The Solayer price has plunged 16% in the last 24 hours to trade at $1.08 as of […]

Highlights: Upbit and Bithumb will pay users 3.5 billion won for system failures during the martial law declaration. Financial regulators have demanded improved servers and emergency plans to protect cryptocurrency investors in South Korea.  The former CEO of Bithumb has […]

Highlights: South Korea’s FIU issues a suspension notice to Upbit for violating KYC and AML rules. Upbit could face suspension of up to six months, affecting new user activity and withdrawals. South Korea strengthens crypto regulations and collaborates with the […]

Highlights: Sonic SVM soars 55%, hits $0.9063 amid $2.4b trading volume surge Whales drive SONIC momentum, eye $2.17 target Tap-to-Earn feature propels SONIC to the top gaming token spotlight The Sonic SVM price has soared 55% in the last 24 […]

Highlights: Upbit has reportedly returned $6 million to about 380 victims of telecom scams. Per reports, the fund recovery processes involved combined efforts from Upbit’s operator, Dunamu, and the Seoul Metropolitan Police. Upbit has adopted a similar recovery technique to […]

Highlights: South Korean police have confirmed an over 300K ETH crypto theft years after the malicious actors pulled the heist. The law enforcement agency implicated some North Korean entities in the cybercrime. After five years, the police succeeded in recovering […]

Highlights: Upbit faces scrutiny for 600,000 suspected KYC violations during its license renewal review. Regulators link Upbit’s compliance issues to its dominant market position, raising competition concerns. Despite investigations, Upbit is expanding its trading options, listing new tokens like PEPE […]

Highlights: Upbit lists Drift (DRIFT) for KRW, BTC, and USDT trading pairs, emphasizing Solana network compatibility.   Initial trading restrictions for DRIFT include temporary order limits to stabilize market activity and prevent volatility.   Drift utilizes Solana blockchain with JIT auctions and […]

Highlights: SAFE in a breakout after a rally through $1.490 resistance A continuation of this rally could see SAFE rally to $2 short-term Listing on Upbit and a bullish broader market could send SAFE to $2 Safe (SAFE) is one […]

Highlights: Brett and Pepe have surged in the past 24 hours as South Korea’s top exchange announced trading pair support for the coins. BRETT saw over 10% increase ahead of PEPE with less than 10% upswing. Holders making money at […]