Upbit

Upbit experienced a significant surge in trading volume, spiking by 273%. This dramatic increase was driven by South Korean investors re-entering the cryptocurrency market.

Upbit and Bithumb reported experiencing a 50% decline in their H1 revenue. This substantial reduction in earnings indicates a broader market contraction.

Samsung SDS is discussing stablecoin infrastructure and AI-based payment models with Dunamu, the operator of South Korean crypto exchange Upbit.

Dunamu, the parent company of Upbit, is undergoing a sanction process nearly eight months after a $30 million hack. The severity of sanctions remains unclear due to a lack of direct provisions in South Korea's current crypto law for hacking or IT failures.

The stock-swap deal between Upbit and Naver faces a second delay due to ongoing debates over proposed crypto legislation. The companies indicated that the development of the country's landmark crypto law could impact the deal's progress or outcome.

BonkDAO lost $20 million due to a 'malicious governance proposal' attack. The stolen funds have been traced to crypto exchanges, and South Korea-based Upbit has suspended BONK deposits and withdrawals.

Upbit stated it only expressed interest in potentially joining the OpenStandard ecosystem in the future, as several South Korean firms distanced themselves from the OUSD initiative.

South Korean police are investigating Bithumb CEO Lee for potential bribery related to hiring lawmaker Kim's son. The probe also examines whether Kim used his position to target Upbit.

Samsung Securities, Samsung SDS, and Samsung Card have collectively invested $408 million to acquire a 4% stake in Dunamu, the operator of cryptocurrency exchange Upbit. The investment aims to prepare Korean firms for emerging tokenized securities and stablecoin frameworks.

Samsung units are acquiring a $408 million stake in Dunamu, the operator of South Korea's leading cryptocurrency exchange Upbit. This move reflects major institutions in the country expanding into digital assets ahead of regulatory developments in the crypto sector.

Hana Bank has invested $669 million in Dunamu, the operator of Upbit. This investment signals a significant development in the financial and cryptocurrency sectors. The deal highlights Hana Bank's interest in the growing crypto market.

Hana Bank is acquiring a $670 million stake in Dunamu, the operator of Upbit. This investment indicates a significant move by Hana Bank into the digital asset space. The deal highlights growing interest in cryptocurrency exchanges.

Hana Financial is acquiring a 6.55% stake in Dunamu, the operator of Upbit, for $668 million, making it the fourth-largest shareholder. This move follows several crypto-related deals in the last two months as Hana Financial expands into the digital assets sector. The acquisition marks a significant investment in the cryptocurrency space.

Hana Bank has acquired a $670 million stake in Dunamu, the parent company of cryptocurrency exchange Upbit, by purchasing 2.28 million shares. This acquisition grants Hana Bank a 6.55% stake, positioning it as the fourth-largest shareholder in the company.

Upbit, South Korea's largest crypto exchange, has launched Ethereum blockchain with support from Optimism Foundation, becoming its first client on the self-managed enterprise tier. This partnership gives Upbit control over its core rollup architecture. The launch is a significant development in the cryptocurrency and blockchain space.

KBank and Ripple have completed the first phase of a Proof of Concept (PoC) testing onchain cross-border remittances via a wallet app-based system. The collaboration, supported by Upbit, aims to streamline international payments using blockchain technology.