Regulation
Upbit Singapore secures coveted MPI license
Upbit joins 15 other crypto firms permitted to provide digital payment token services in Singapore.
SlamX
Lens
Upbit
-
Regulation
Upbit Singapore receives in-principal license from MAS
Singapore’s major payment institution license will enable Upbit to continue offering regulated digital asset services while awaiting its full license.
Zoltan Vardai
-
Regulation
South Korea raids firms Upbit, Bithumb, Kakao over local lawmaker’s crypto scandal
South Korean prosecutors have raided Upbit, Bithumb and the crypto wallet unit of Kakao, as part of their investigation into lawmaker Kim Nam-kuk.
Danny Park
-
Altcoins
S.Korea court to settle MIR4 maker Wemade, WEMIX legal battle
Following a hearing on Friday, the court is expected to finalize its decision on an injunction Wemade filed against four exchanges.
Danny Park
-
Altcoins
S. Korea’s Wemade files injunction against country’s top 4 crypto exchanges
The blockchain game maker fights delisting of its symbolic WEMIX crypto token.
Danny Park
-
Altcoins
S.Korean Wemade’s stock falls 30% after exchanges announce WEMIX token delisting; CEO blames Upbit exchange
The delisting poses a great obstacle to the game maker’s growing blockchain empire, while Wemade’s CEO blames the crypto exchange
Danny Park
-
Regulation
South Korea’s Dunamu CEO blames weak regulation for Terra-LUNA aftermath
Widespread damage from the Terra-LUNA collapse can be attributed to a poor local regulatory framework, said Lee Sir-goo, CEO of South Korea’s blockchain and fintech company Dunamu Inc. at a special session of the National Assembly. See related article: S.Korea gov’t failed, special prosecutor needed on Terra-LUNA, lawmaker says Fast facts Lee appeared before lawmakers […]
Danny Park
-
Upcoming NFT Projects
Dunamu, BTS’ Hybe launch first K-pop digital collectibles platform
Dunamu Inc., the mother company of South Korea’s largest crypto exchange Upbit, and Hybe Co., Ltd., the music agency behind K-pop mega group BTS, launched a K-pop digital collectible platform on Tuesday via their Los Angeles-based joint venture, LEVVELS Inc. See related article: Dunamu looks to K-pop group BTS NFTs to beat ‘Crypto Winter’ Fast […]
Danny Park
-
Altcoins
Upbit exchange to use LUNC fees to set up crypto monitoring center
Upbit, South Korea’s largest cryptocurrency exchange, is using fees it collected from Luna Classic (LUNC) transactions to establish a crypto monitoring center in a gesture to help compensate for the losses from the Terra-LUNA debacle, according to local media reports. See related article: Interpol issues red notice for Do Kwon, says South Korean prosecutor Fast […]
Danny Park
-
Bitcoin News
Operating profit at Upbit parent Dunamu drops 70%
Dunamu, the owner of South Korea’s leading cryptocurrency exchange Upbit, reported an operating profit of 566.1 billion Korean won (about US$419 million) for the first half of this year, a 70% decrease compared to the same period last year. See related article: Dunamu denies making US$100 million off of LUNA Fast facts Dunamu’s consolidated operating […]
Danny Park
