Upbit
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Upbit’s Addition of EGLD in Korean Won and Bitcoin Markets: What You Need to Know
On April 27th, it was announced that Upbit will add EGLD in the Korean won and Bitcoin markets, and deposit support will be available within 3 hours, only supporting main network r
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Upbit Cryptocurrency Exchange Adds Alerts for Token Prices
On April 25th, it was reported that Upbit, a cryptocurrency exchange, has added alerts for token prices, including price fluctuation alerts (such as rapid price fluctuations compar
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Upbit Exchange adds Token Price Alerts: What You Need to Know
On April 25th, it was reported that Upbit, a cryptocurrency exchange, has added alerts for token prices, including price fluctuation alerts (such as rapid price fluctuations compar
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The Surge of APE on Upbit: A Close Look on the Recent Crypto Market
On April 12th, according to market data, APE surged 16 times on the South Korean trading platform Upbit. Prior to this, Upbit closed related charging and withdrawal due to the upgr
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Market Data Shows A Phenomenal 1600% Increase in APE on Upbit Trading Platform
On April 12th, market data showed that APE rose by over 1600% on the Korean trading platform Upbit.
APE rose by over 1600% on the Korean trading platform Upbit
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On April 12th, market data showed that APE rose by over 1600% on the Korean trading platform Upbit.
APE rose by over 1600% on the Korean trading platform Upbit
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Upbit’s Announcement: DAXA to Terminate Trading Support for OMG and SRM
On April 12th, according to Upbit\’s announcement, members of the Korean Digital Asset Exchange Association DAXA plan to terminate their trading support for OmiseGO (OMG) and Serum
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5 million STEMs transferred from unknown wallets to Upbit
According to reports, according to WhaleAlert monitoring, 5 million STEEMs ($1123585) were transferred from unknown wallets to Upbit.
5 million STEMs transferred from unknown walle -
The Recent Transfer of 5 Million STEEM to Upbit and Its Impact on the Cryptocurrency Market
On April 6th, according to Whale Alert monitoring, 5 million STEEMs (approximately $1.68 million) were transferred from anonymous wallets to Upbit. Market data shows that the STEEM
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The Rise of STEEM: A Look at Upbit’s Recent Acquisition
On April 6th, according to Whale Alert monitoring, 5 million STEEMs (approximately $1.68 million) were transferred from anonymous wallets to Upbit. Market data shows that the STEEM
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Upbit Crypto Exchange Launches Arbitrum Token ARB Supporting KRW and BTC Trading Pairs
It is reported that Upbit, the South Korean cryptocurrency exchange, will launch the Arbitrum token ARB, which supports KRW market trading pairs and BTC market trading pairs, respe
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Upbit Adds MAGIC to BTC Market: Everything You Need to Know
On March 21st, Upbit, the largest trading platform in South Korea, announced that it would add MAGIC to the BTC market, only supporting deposits from the Arbitrum network. It is ex
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UpBit transfers $11.8 million worth of XRP to an unknown wallet
According to reports, data shows that 30000000 XRP (valued at approximately $11819709) has been transferred from UpBit to an unknown wallet. 30000000 XRP transferred from UpBit to unknown wallet Analysis based on this information:UpBit, a South Korean cryptocurrency exchange, has reportedly transferred 30 million XRP to an unknown wallet. According to the reports, the value of the transfer stands at approximately $11.8 million. This transfer has raised concerns about the safety of cryptocurrency storage and transaction practices. Cryptocurrency transfers are conducted on a decentralized network that eliminates the need for intermediaries, such as banks or governments. However, the downside of decentralization is that it opens the door for hackers and malicious actors to access and steal digital assets. Cryptocurrency exchanges, which act as platforms for traders to buy and sell digital currencies, are particularly vulnerable to cyberattacks. As such, it’s crucial for exchanges to employ robust security protocols to protect their clients’ assets. The transfer of 30 million XRP from…
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Upbit Offers xCORE Token Airdrop Support to XRP and SOLO Token Holders
On March 18th, Upbit, a major cryptocurrency trading platform in South Korea, announced that it would provide the latest xCORE token airdrop support for $XRP token holders. Airdrop also applies to $SOLO token holders. Upbit will support xCORE token airdrop Analysis based on this information:Upbit, one of South Korea’s leading cryptocurrency trading platforms, recently announced its support for the latest xCORE token airdrop. The airdrop will be available to all Upbit users who hold either XRP or SOLO tokens. This announcement highlights the platform’s commitment to promoting the wider adoption of cryptocurrencies, especially within the Korean market. An airdrop is a common marketing strategy used by blockchain projects to generate interest and increase the adoption of their native tokens. Tokens are distributed for free to users, often based on certain criteria, such as their holdings of other cryptocurrencies. The xCORE token, designed for decentralized finance (DeFi) activities, is the latest project to undertake an airdrop to gain wider attention and…
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MASK Surpasses BTC in Upbit Trading Pairs
On March 17th, it was reported that in Upbit, the volume of MASK/KRW trading pairs exceeded 272.2 billion won in the past 24 hours, once surpassing BTC/KRW, ranking first. Up to now, in the Korean dollar trading pair, MASK trading volume is only second to BTC. MASK KRW trading volume exceeds BTC KRW in Upbit, South Korea Cryptographic Exchange Analysis based on this information:The cryptocurrency market has been unpredictable, yet resilient in the past few months. On March 17th, news broke that the trading volume on Upbit for MASK/KRW trading pairs had exceeded 272.2 billion won, surpassing BTC/KRW and ranking first. This is a significant milestone for MASK, as it has now become second only to BTC in terms of trading volume in the Korean dollar trading pair. Upbit is a Korean cryptocurrency exchange platform that has been gaining popularity in recent years due to its ease of use and user-friendly interface. It is one of the most widely used…
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CEO of Dunamu Urges South Korean Government to Allow IE0 Trading Platforms for Cryptocurrencies
On March 16th, Lee Sir-goo, CEO of Dunamu, an operator of Upbit, a South Korean cryptocurrency trading platform, called on the government to allow the initial trading platform (IE0) of cryptocurrency trading platforms at the DCON 2023: Creating a Healthy Market Digital Assets Conference in Seoul, saying that the digital asset market needs to be differentiated from the existing market, and (IE0 legislation) has not been discussed in depth so far, Although the government has expressed its intention to do so. He said that even in the fledgling Token securities market, it is necessary to create digital financial innovation by encouraging the active participation of innovative blockchain companies. CEO Dunamu: Calls on the government to allow IE0, and the digital asset market needs to be differentiated from the existing market Analysis based on this information:Lee Sir-goo, CEO of Dunamu, the parent company of Upbit, a well-known cryptocurrency exchange in South Korea, has called on the government to allow the initial…
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Tilia Payment Platform Secures Strategic Financing with J.P. Morgan and Dunamu
It is reported that Tilia, the payment platform of the Yuan Universe, has completed a strategic financing with the participation of J.P. Morgan Payments and Dunamu, the operator of the Upbit of the Korean Cryptocurrency Exchange. Since its spin-off from the founder LindenLab in 2022, Tilia has raised a total of US $22 million. Tilia, a payment platform of the yuan universe, won strategic financing from J.P. Morgan Payments Analysis based on this information:Tilia, a payment platform for the Yuan Universe, has announced that it has successfully raised US $22 million in strategic financing. The funding was led by J.P. Morgan Payments and Dunamu, the operator of Upbit, one of the largest cryptocurrency exchanges in South Korea. The Yuan Universe is a virtual economy that operates within the Second Life platform. It is estimated to have an annual GDP of over US $600 million, with millions of users worldwide using the platform for e-commerce, online gaming, and social networking. Tilia,…
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Upbit Launches New Tokens to Expand Its Trading Pairs
It is reported that Upbit will launch tokens MASK and ACS to support KRW market trading pairs and BTC market trading pairs respectively. It is planned to start…
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Upbit Returns $1.96 Million to 72 Victims of Phishing Fraud
On March 3, Dunamu, the parent company of Upbit, announced that in 2022, Upbit returned about 2.558 billion won (about 1.96 million US dollars) to 72 victims o…
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Korean Kolon Group’s President Li Xionglie Plans to Create a Competitor for UpBit
It is reported that Li Xionglie, the honorary president of the Korean Kolon Group, promoted the establishment of a joint venture company with Won An, and coope…