Tags: Upbit

Upbit dominates XRP trading, holding twice as much as Binance, and reflecting the token’s growing appeal in the Asian market.

Collaboration with the FBI and Swiss prosecutors helped confirm North Korea’s role in Upbit’s 2019 exploit.

South Korea’s Financial Services Commission has said it will look into the monopoly structure of the crypto asset market centered around the Upbit exchange. 

Bithumb is exploring an international IPO, with NASDAQ under consideration.

Upbit dominates 80% of South Korea’s crypto trading, rivaling global giants like Coinbase.

Bithumb, the second-largest cryptocurrency exchange in South Korea, is embroiled in a heated rivalry with Upbit, which holds the top position in the market.

Bitcoin trading on Bithum reached an impressive $3 billion, while Upbit faced challenges with its volume remaining below $1 billion.

Upbit Secures Major Payment Institution License from Monetary Authority of Singapore

Record $1.1 Trillion in Crypto Exchange Volume Driven by Spot Bitcoin ETF Anticipation

OKX and Bybit Capitalize as Binance’s Market Share Declines + More News

Upbit Crypto Exchange Operator Dunamu Suffers 82 Drop in Profits

Dunamu reported a net profit of $23 million in the third quarter of 2023, a steep drop compared to the $123 million it earned in Q3 2022.

MINA token has neared an all-time high with a 120% gain after the Upbit announcement.

Aptos Resumes Network Activities After Five Hours; OKX and Upbit Temporarily Halt Transactions

The largest Korean exchange has received in-principle approval by the Singaporean MAS.

Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license.