Upbit and Bithumb suspend Synthetix token deposits, citing sUSD risks
South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Alliance (DAXA) for...
Tag : Upbit
XRP Dominates Upbit Trading with 28.86% Volume Share in Korean Market
According to the latest data from CoinGecko, Upbit has recorded a substantial trading volume of $1.648 billion in just the past 24 hours as of...
Upbit Holds Twice as Much XRP as Binance As Demand Surges in South Korea
Market analyst Kate Young Ju shared CryptoQuant data revealing this major shift in XRP reserves, highlighting the increasing dominance of Upbit in XRP trading. The...
XRP Dominates Korean Market with 19% Trading Volume on Upbit, Reaching $2.277 Billion
According to the latest data from CoinGecko, Upbit witnessed a substantial trading volume of $2.277 billion on March 2nd. This impressive figure underscores the growing...
South Korean Banks Keen To Strike Deals With Crypto Exchanges Even As Upbit Comes Under FSC Scrutiny
The crypto landscape in South Korea is undergoing a dramatic transformation. The market is witnessing regulatory scrutiny amidst an evolving partnership between banks and crypto...
Virtual Protocol Surges as Upbit, South Korea’s Largest Exchange, Announces Listing
South Korea’s largest cryptocurrency exchange, Upbit, has officially listed Virtual Protocol (VIRTUAL), marking a significant development in the AI token ecosystem. The exchange launched trading...
South Korea’s Upbit Faces Regulatory Scrutiny After KYC, AML Violations
South Korea’s largest cryptocurrency exchange, Upbit, is under intense regulatory scrutiny. After being accused of violating over 700,000 Know Your Customer (KYC) and Anti-Money Laundering...
South Korea Orders Upbit to Suspend Business For KYC Violation
South Korean authorities ordered Upbit to suspend business operations for violating KYC and AML regulations. FIU in South Korea found over 700,000 incidents where the...
Upbit flags IOST for caution ahead of layer-2 transition
Upbit has warned investors as IOST plans a layer-2 transition, with 21 billion new tokens and a tokenomics overhaul. Source link...