South Korean Traders Push Bitcoin Into Its Deepest Discount Since 2021
As bitcoin slipped to a 2026 low of $59,100, market data reveals that BTC priced against the South Korean won has been changing hands at a discount. In fact, the…
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Samsung Affiliates Pay $408 Million for Upbit Operator Stake, Closing June 2026
Three Samsung affiliates have agreed to jointly acquire a 4% stake in Dunamu, the company behind South Korea’s largest cryptocurrency exchange, Upbit, for approximately 612.8 billion won ($408 million). Samsung…
Hana Bank Buys 6.55% of Upbit Parent Dunamu in $670M Crypto Push
Hana Bank has acquired a 6.55% stake in Dunamu, the operator of South Korea’s largest crypto exchange, Upbit. The deal marks one of the clearest signs yet that major Korean…
Viral Layer-3 Altcoin Rockets 300% After Major Upbit Listing
The largest cryptocurrency exchange in South Korea continues to list some smaller altcoins, which almost guarantees an immediate price uptick with double or even triple digits, such as today’s example.…
Circle, Dunamu Partner on Crypto Education in South Korea
Circle and Dunamu have signed a partnership to promote digital asset education in South Korea. The collaboration aims to strengthen trust and regulatory alignment in the local crypto market. Key…
Arthur Hayes Bought ETHFI Just Hours Before Major Upbit Listing – Insider Edge?
The former CEO of the derivatives giant BitMEX has made several multi-million-dollar trades over the past six months or so, but his latest purchase raised some eyebrows in the cryptocurrency…
Bitcoin Diverges From Global Prices in South Korea — Third Major Discount Since FTX
With bitcoin trading between $65,962 and $73,669 this week, market data shows South Korea posted its deepest discount to global prices since December 2024. Rare Bitcoin Discount Hits South Korea…
Upbit Towers Over Rivals as South Korea’s Primary Crypto Liquidity Hub, Research Finds
Liquidity on South Korea’s cryptocurrency exchanges looks deceptively simple on the surface, but Kaiko Research finds that beneath the headline volumes lies a far more nuanced—and occasionally unforgiving—market structure. South…
Korean Exchange Upbit Accelerates Security Overhaul After $30M Cyberattack
A cybersecurity breach pushed crypto platform Upbit to halt transfers and rebuild parts of its wallet infrastructure while investigators reviewed abnormal activity and the exchange moved to assure customers their…
Upbit Loses $38.5M in Sudden Solana Outflow, Withdrawals Frozen
South Korean crypto exchange Upbit has temporarily halted all deposits and withdrawals on November 27 after detecting an unauthorized transfer of assets. The incident, which resulted in a loss of…
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