Get the latest news on Upbit, one of South Korea’s leading crypto exchanges. Stay informed on trading volumes, token listings, regulatory updates, and Upbit’s role in the Asian digital asset market.
Upbit will move 99% of user funds into cold storage after losing over $30 million in November due to a breach.
Upbit has frozen $1.77 million in stolen funds using its on-chain tracking system after the $38 million hack in November
Upbit reported an unauthorized $38.5 million outflow on the Solana network and immediately halted deposits and withdrawals for Solana-based assets.
Upbit is reportedly preparing for a Nasdaq listing as part of a broader strategy to enter the U.S. market, following a KRW 20 trillion stock-swap acquisition by Naver Financial.
Three major exchanges, Upbit, Bithumb, and Binance, are set to list new crypto tokens this week, signaling growing market activity.
Naver Financial is reportedly preparing to acquire Upbit operator Dunamu in a stock swap deal.
Korea’s largest crypto exchange Upbit is reportedly launching GIWA, an Ethereum Layer-2 chain, as Asian crypto adoption accelerates alongside China’s continued diversification from US dollar assets.
Trading volume for World Liberty Financial (WLFI) derivatives spiked over 530% to $3.95 billion, as Binance, Upbit, and Bithumb announced listing.
ENA gained more than 20% following its listing on Upbit, as the DeFi giant tightened its grip on the synthetic dollar sector with an 81% market share.
The latest Upbit listing announcement brought impressive momentum to the prices of Balance and Axelar, as it typically happens when the South Korean exchange lists tokens.
Upbit’s support for the Sui-based DeepBook brought huge attention to the token as its price skyrocketed in minutes.
FIL witnessed a major price surge after its listing on Upbit exchange, along with a notable surge in development activity.
The hype around its listing on Upbit has sent CoW Protocol native coin soaring by more than 50%.
South Korea’s FIU imposed a partial suspension on Upbit, restricting new users, while Dunamu’s CEO and executives face disciplinary action.
Upbit announced the addition of JTO to its KRW market, with trading commencing at 14:30 local time, on Fenruary 21.