Upbit

Upbit

Crypto Exchange Upbit Sets Withdrawal Delay in Bid to Tackle Fraudsters

Omkar GodboleNov 27, 2020

The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.

Hacks

Binance Quashes Upbit Hackers’ Attempt to Launder Stolen Funds

Paddy BakerMay 14, 2020

Binance managed to see an alert and freeze the stolen funds in little more than half an hour.

South Korea

South Korea’s Dunamu Launches Bitcoin ‘Fear and Greed’ Index to Guide Traders

Tanzeel AkhtarJan 19, 2021

The tool is aimed at helping traders make better decisions based on market sentiment.

Exchanges

Upbit Exchange Resumes Ether Services Months After $49M Hack

Paddy BakerJan 14, 2020

Upbit said users will need to create new wallet addresses to resume trading.

Hacks

Crypto Exchange Upbit Confirms Theft of $49M in Ether

Wolfie ZhaoNov 27, 2019

342,000 ether have been taken from the wallets of South Korean crypto exchange Upbit, the firm's CEO says.

Upbit

News

Crypto Exchange Upbit’s Operator Eyes Blockchain in OTC Securities Trading

Richard Meyer

Dunamu, the operator of Upbit, is releasing a new app this month for trading unlisted securities with a plan to add in blockchain next year.

Exchanges

Kakao’s Klay Cryptocurrency to Make First Exchange Listing

Richard Meyer

The "klay" cryptocurrency from messaging app giant Kakao is to make its first official exchange listing on Upbit later this month.

South Korea

Upbit Operator Dunamu Invested $46 Million in Blockchain Startups in Last Year

Yogita Khatri

South Korean firm Dunamu, operator of cryptocurrency exchange Upbit, says it invested $46 million in 26 blockchain startups over the last year.

Crime

Executives at Korean Crypto Exchange UPbit Indicted for Fraud

Yogita Khatri

Three executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors.

Crime

Korea’s Biggest Crypto Exchange Raided Over Suspected Fraud

Daniel Palmer

Prosecutors in South Korea have raided the largest cryptocurrency exchange in the country, UPbit, over suspected fraud, according to a report.

Exchanges

App Maker Kakao Begins Beta Testing New Cryptocurrency Exchange

Sujha Sundararajan

South Korean fintech firm Dunamu has launched open beta services for its new cryptocurrency exchange platform Upbit.