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Cryptonews Tags Upbit

# Upbit (Page 4)

Kimchi ‘Bonus’ Is Back as Korean ‘Ant’ Investors Return to the Market
South Korean investors are returning to the markets after weeks of inactivity, data has shown. But the kimchi premium has flipped on its head again for the first time in two years – resulting in a small “kimchi bonus,” and slightly lower bitcoin (BTC) and altcoin prices on most...
, by Tim Alper
Upbit Gains Upper Hand in Legal Fight Against Delisted Altcoins Issuers
The market-leading South Korean crypto exchange Upbit has found itself involved in a series of legal struggles with the issuers of some of the tokens it delisted earlier this summer.Source: Adobe/burdunAs previously reported, the nation’s biggest trading platforms went on a series of...
, by Tim Alper
S Korean Regulator to Force Crypto Overseas Exchanges to Abide by its Rules
The top South Korean financial regulator has effectively blocked overseas crypto exchanges from operating in the nation if it can be proved they are actively targeting users based on South Korean soil.Source: Adobe/Maksym PovozniukAccording to Chosun and Seoul Kyungjae, the regulatory Financial...
, by Tim Alper
South Korean Crypto Exchanges Ready for Legal Fight Amid Closure Threats
South Korean crypto exchanges are preparing lawsuits to sue the government or challenge it in the constitutional court if they fail to meet a September regulatory deadline and are obliged to close.Source: Adobe/david_franklinNew regulations for crypto exchanges, which have already passed into law,...
, by Tim Alper
Top South Korean Crypto Exchanges Purging Altcoins in Late-night Culls
Multiple South Korean crypto exchanges have gone on token purges, culling a wide range of altcoins from their platforms – and following in the wake of the market-leading exchange Upbit, which has earmarked 30 coins for the ax.Source: iStock/PeopleImagesAs previously reported, Upbit’s...
, by Tim Alper
Tell Us the Altcoins You Want to Delist, Regulator Orders Korean Exchanges
The top South Korean financial regulator has demands to know about crypto exchanges’ token delisting policies and wants to compile a list of high-risk altcoins – in a move likely connected to the trading platform Upbit’s recent decision to delist up to 30 tokens.Source:...
, by Tim Alper
DEX & CEX Trading Volume Exploded in May Surpassing USD 2 Trillion
May 2021 has been by far the best month for crypto exchanges, both centralized (CEX) and decentralized (DEX) ones, as the total trading volume reached at least USD 2.48trn - a new record.Source: AdobeStock / Lukas GojdaThe number is possibly even greater, but it excludes all the volume from those...
, by Eimantas Žemaitis
Former Regulators Moving Into Crypto: South Korea vs US
A South Korean politician has waded into the debate about the unnamed senior financial regulator who wants to quit his job to join Upbit, the domestic market-leading crypto exchange. In contrast, no such issues appear to have got in the way of crypto firms in the United States.Source:...
, by Tim Alper
Hope for South Korean Crypto Exchanges as Bank Keen on Contract Renewal
There may be a glimmer of hope at last for the South Korean crypto exchanges fearing for their future, with the neobank K-Bank reportedly set to renew its contract with the market-leading trading platform Upbit – just days after three major commercial banks ruled out the prospect of doing...
, by Tim Alper
Metromile Goes Extra Mile With BTC, Crypto Investor Protection + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. _____Source: iStock/da-kukAdoption newsMetromile, a listed digital insurance platform and pay-per-mile auto insurer, said it will soon...
, by Linas Kmieliauskas
Upbit Introduces Daily Limit on Deposits as ‘Self-Regulation Begins’
South Korean media outlets have suggested the nation’s crypto exchanges are beginning to “self-regulate” as pressure mounts from the government – with the Upbit trading platform capping crypto deposits to a daily maximum of just under USD 450,000.Source: Adobe/AlexPer Donga...
, by Tim Alper
Dunamu Nasdaq Listing ‘Could Raise USD 17.9B’ – Analysts
South Korean analysts are continuing to debate the market value of Dunamu, the operator of the South Korean market-leading Upbit crypto exchange – as talk of the company seeking to make a listing bid on an American stock market intensifies.Source: iStock/zodebalaAs previously reported,...
, by Tim Alper
Chat App Giant Kakao ‘Owns 23% of Crypto Exchange Operator’
The South Korean internet giant Kakao reportedly owns “around” 23% of Dunamu, the operator of the nation’s market-leading crypto exchange Upbit, per South Korean media outlets.Source: Adobe/burdunTwo of the country’s biggest financial newspapers – Maeil Kyungjae and...
, by Tim Alper
NYDIG Raises USD 100M, Meitu Buys More BTC, Crypto Climate Accord + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Source: Adobe/anatoliy_glebInvestments newsProvider of technology and investment solutions for Bitcoin (BTC), NYDIG, raised USD 100m of...
, by Linas Kmieliauskas
Kimchi Premium Vanishes, then Returns as Bank Issues Appear to Have Hit Upbit
Widespread reports of a return of the kimchi premium appear to have been shrouded in confusion after bitcoin (BTC) prices plummeted briefly on a number of domestic exchanges before rising back above the USD 62,000 mark – while the market-leading Upbit platform suspended fiat withdrawals,...
, by Tim Alper
Upbit Operator May Follow Coinbase with Nasdaq IPO Bid – Analysts
South Korean analysts claim that Dunamu, the operator of the crypto exchange Upbit, could be heading for an initial public offering (IPO) – and, possibly inspired by Coinbase’s own IPO bid, may choose to launch on America’s Nasdaq exchange rather than a domestic...
, by Tim Alper
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