Upbit Faces $38.5 Million Loss Due to Sudden Outflow of Solana Tokens
South Korean exchange Upbit reports a significant loss from an unauthorized transfer, ensuring customers will not bear the financial impacts.
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South Korean exchange Upbit reports a significant loss from an unauthorized transfer, ensuring customers will not bear the financial impacts.
Upbit, South Korea’s largest cryptocurrency exchange, has encountered a significant breach involving $36 million in unauthorized withdrawals from a Solana hot wallet just as the company finalized a $10 billion deal with Naver.
Dunamu files for trademarks related to a potential new blockchain project called GIWA, as anticipation builds ahead of the Upbit Developer Conference.
The partnership aims to develop a won-based stablecoin to ease trading and reduce the 'kimchi premium' in South Korea.
The price of Livepeer's token significantly increased amid a decline in the broader crypto market.
The SIGN token experienced a significant 60% increase after its listing on the Korean exchange Upbit, despite a slow start on Binance.
Filecoin's FIL token surged 30% following its listing on the South Korean exchange, Upbit.
As Upbit faces regulatory scrutiny, South Korean banks are increasingly seeking partnerships with cryptocurrency exchanges, reflecting a changing landscape in the crypto market.
The VIRTUAL token of the Virtuals Protocol saw a significant increase after being listed on Upbit, offering trading opportunities to altcoin traders in South Korea.
Upbit's recent listing of Virtual Protocol has sparked significant trading activity and price surges, raising questions about Coinbase's choices.
South Korea's largest cryptocurrency exchange faces a suspension due to alleged violations of KYC and AML regulations.
Upbit may be faced with sanctions from South Korean regulators due to breaches in money laundering compliance.
Dunamu is poised to enter the US financial market with a Nasdaq listing following its merger with Naver.

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