Tag: upbit

upbit

Latest News

Representation of cryptocurrencies is seen in this illustration created on Sept. 10, 2025.

Crypto gifts to minors nearly triple ahead of new tax rules

Korean parents are gifting cryptocurrency to minors at nearly triple the rate of last year, seeking out tax savings before tighter oversight takes effect.

2026.9.9

Representations of cryptocurrency Bitcoin are seen in this illustration taken on Nov. 25, 2024.

Coinone, Korbit go fee-free as crypto exchange war heats up

Smaller crypto exchanges are waiving trading fees to challenge Upbit and Bithumb, backed by major financial investors.

2026.8.27

Hana Financial to become No. 4 shareholder in Dunamu, operator of Korea’s largest crypto exchange

Hana Financial Group is investing 1 trillion won ($670 million) in Dunamu, the country’s largest crypto exchange operator, to become its fourth largest shareholder, as the financial company seeks to push digital innovation.

2026.5.15

A display board at the Upbit customer center in Seoul’s Gangnam district on March 14 shows prices of bitcoin and other cryptocurrencies. [YONHAP]

Gov't, DP mull 20% cap on major shareholders' stakes in cryptocurrency exchanges

Korea is considering a 20 percent cap on major shareholders’ stakes in cryptocurrency exchanges, a move that could reshape the governance of the country’s digital asset trading platforms.

2026.3.14

Upbit lost more than 100 billion crypto coins in less than an hour in November data breach

More than 100 billion cryptocurrency coins were stolen from crypto exchange Upbit in just 54 minutes during a hack last month, according to a lawmaker’s office on Sunday.

2025.12.7

Financial Supervisory Service (FSS) Gov. Lee Chan-jin speaks to reporters during a press conference held in Yeouido, western Seoul, on Dec. 1. [FSS]

Regulators to target companies' system security in wake of Coupang data leaks

Financial authorities are pushing legal amendments to strengthen companies' system security, calling it pivotal to their survival amid a recent hacking and security breach at Upbit and Coupang.

2025.12.1

The price of Bitcoin is displayed on an electronic board at Upbit’s customer center in Gangnam District, southern Seoul, on Nov. 5. [NEWS1]

North Korean fingerprints on $30 million hack of South Korea's largest cryptocurrency exchange, says Seoul

Regulators are investigating a 44.5 billion won ($30 million) hack at Upbit, Korea’s largest cryptocurrency exchange, and say early evidence points to Lazarus, the North Korean hacking unit blamed for major digital heists worldwide.

2025.11.28

The photo shows Naver’s headquarters in Seongnam, Gyeonggi, on Nov. 27. [YONHAP]

Upbit halts transactions after hacking of $30M in assets detected

Korea’s largest cryptocurrency exchange, Upbit, said on Thursday it halted deposits and withdrawals after detecting an unauthorized transfer of Solana-based assets worth about 44.5 billion won from its internal systems.

2025.11.27

Logos for Dunamu and Naver Financial [EACH COMPANY]

Naver coy on plans to take over Upbit

Dunamu, the operator of crypto trading platform Upbit, is reportedly merging with Naver Financial to become a wholly-owned subsidiary of the Korean tech company. Naver neither confirmed nor denied the news.

2025.9.25

Dunamu CEO Oh Kyoung-suk gives a speech at the Upbit D Conference (UDC), held at the Grand InterContinental Seoul Parnas in Gangnam District, southern Seoul, on Tuesday. [DUNAMU]

Embrace crypto or else, Eric Trump, Dunamu CEO Oh Kyoung-suk warn at blockchain conference in Seoul

Dunamu CEO Oh Kyoung-suk urges regulatory easing for cryptocurrency in Korea, advocating for competitive positioning during the blockchain revolution, citing the need for stablecoin legislation and enhanced market participation.

2025.9.9

Tag: upbit

upbit

Latest News

Crypto gifts to minors nearly triple ahead of new tax rules

Coinone, Korbit go fee-free as crypto exchange war heats up

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