Berachain debuts on South Korean Upbit and Bithumb on Feb 6
South Korean exchanges Upbit and Bithumb will add Berachain to its listings on Feb. 6, in time for the upcoming launch of Berachain mainnet. Two South Korean crypto exchanges announced that they will start providing trading support for new layer1 blockchain Berachain’s upcoming token, BERA. Trading support on both exchanges will start simultaneously on Feb. […]
VIRTUAL drops to $1.30, wiping out gains after the recent 28% surge from Upbit listing
VIRTUAL, the native token of the AI launchpad Virtuals Protocol, has seen a sharp decline, falling to approximately $1.30, which marks a 17% drop in the last 24 hours. Virtuals Protocol (VIRTUAL) has seen a sharp reversal in its price, dropping to around $1.30 after a brief but significant 28% surge following a recent announcement […]
South Korea’s Upbit launches AI agent token VIRTUAL
South Korea’s largest crypto exchange launches trading support for the Virtuals Protocol token on its platform on Jan. 31, catapulting it by 20%. In recent notice, Upbit announced that VIRTUAL (VIRTUAL) will debut on its platform on Jan. 31 at 20:00 KST. The token will be available for trading on Korean won, Bitcoin (BTC) and […]
ANIME launching on South Korea’s Upbit Jan. 23
The native token of the Animecoin community is set to make its South Korean debut via Upbit on Jan. 23 at 22:00 KST after listing on Binance. According to a recent notice, Upbit will launch the token inspired by the Japanese pop-culture phenomenon starting from Jan. 23 at 22:00 KST. The South Korean crypto exchange […]
Upbit, Bithumb compensate users after service outages during martial law
Upbit and Bithumb will compensate investors $2.5 million after service outages caused by a surge in crypto activity during South Korea’s martial law declaration. Source link
VeThor VTHO trading volume jumps 80,000% after Upbit listing
VeThor token is witnessing a surge of over 80,300% after the token was listed on South Korea’s largest crypto exchange by trading volume, Upbit. On Jan. 21, Upbit launched trading support for VeThor Token (VTHO) in both the Korean Won (KRW) and Tether (USDT) markets. As of Jan. 22, VTHO’s trading volume has surged by […]
Upbit, Bithumb to pay largest ever compensation for system failures during martial law
South Korean crypto exchanges Upbit, Bithumb have agreed to compensate users with the largest payout ever following system failures caused by the martial law declaration. Upbit and Bithumb, two South Korean crypto exchanges, have agreed to compensate users for technical failures that occurred during the martial law declaration in December, Korean news agency Yonhap reports. […]
Upbit subject to potential sanctions in South Korea
Upbit may face penalties for alleged South Korean financial regulation violations. Upbit, South Korea’s largest crypto exchange, may face sanctions from the nation’s Financial Services Commission for allegedly failing to comply with know-your-customer (KYC) and anti-money laundering rules. Last week, the platform received a procedural sanctions notice from the FSC’s Financial Information Analysis Institute, according […]
South Korea’s regulator issues suspension warning to Upbit over 700,000 KYC violations
South Korea’s regulator is about to suspend Upbit’s operations, citing the exchange’s failure to properly implement KYC processes. South Korea‘s financial regulator, the Financial Intelligence Unit, has notified Upbit, the country’s largest crypto exchange, of a potential suspension over violations of the KYC requirements and AML obligations, the Maeil Business Newspaper has learned. The report […]
Upbit crypto exchange receives suspension notice in South Korea
Upbit must respond to the FSC’s suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months. Source link
