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South Korea Wants to Treat Crypto Exchanges Like Banks

South Korea’s new crypto crackdown looks like the financial equivalent of sending your rebellious kid to military school. Crypto exchanges are about to learn...

Upbit Hack Linked to Lazarus Strikes as Dunamu Faces FIU Fines and VASP Freeze

A suspected Lazarus hack emptied Upbit’s hot wallet for 44.5 billion won on Nov. 27. Dunamu got a 35.2-billion-won FIU fine earlier in November...

Upbit Recovers $36 Million Solana Assets Post-Security Breach

South Korean crypto exchange Upbit says it has secured customer funds after a security breach involving Solana-based assets worth about 54 billion won, or...

Upbit Eyes Wall Street Stardom with Potential Nasdaq IPO

Imagine the crypto giant Upbit, South Korea’s crowned king of crypto trading, gearing up for its US debut. The exchange, under its parent company...

Naver’s High-Stakes Upbit Deal: Stablecoin Plan, Stock Jumps, Users Surge

Naver Financial plans to acquire Dunamu, the operator of Upbit, through a share exchange, according to Yonhap and Chosun. The reports say board meetings...

Upbit Launches Ethereum Layer 2 Giwa Testnet With One-Second Blocks

Upbit, South Korea’s largest crypto exchange, confirmed the launch of Ethereum layer 2 Giwa on testnet at the Upbit D Conference 2025. The platform...

South Korea stopped Upbit’s ban

Listen, guys, let me tell you a story about South Korea's crypto scene. It's a tale of regulations, lawsuits, and a whole lot of...

Upbit’s three-month time-out causing some disruption in South-Korea

The country's Financial Intelligence Unit, the FIU slapped Upbit with a partial business suspension, temporarily blocking new customers from making crypto deposits and withdrawals....

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