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#upbit News & Analysis

19 articles tagged with #upbit. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

19 articles
CryptoBearishThe Block · 1d ago7/10
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South Korean police book Bithumb CEO as bribery suspect in lawmaker hiring probe: report

South Korean police have booked Bithumb CEO Lee as a bribery suspect in an investigation examining whether he hired a lawmaker's son as a personal favor, and whether the lawmaker subsequently leveraged his political position to target rival exchange Upbit. The investigation highlights potential corruption within South Korea's crypto industry and raises questions about regulatory impartiality.

South Korean police book Bithumb CEO as bribery suspect in lawmaker hiring probe: report
CryptoBullishCrypto Briefing · May 297/10
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Upbit lists io net (IO) on KRW market with Solana support

Upbit, a major South Korean cryptocurrency exchange, has listed IO (io.net) on its KRW market with Solana network support. This listing is expected to enhance IO's market visibility and liquidity, potentially accelerating adoption and investment in the token.

Upbit lists io net (IO) on KRW market with Solana support
$SOL
CryptoBullishBlockonomi · May 287/10
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Samsung Backs Upbit Operator Dunamu in Digital Asset Push

Samsung's three major divisions—Samsung Securities, Samsung SDS, and Samsung Card—are collectively acquiring a 4 percent stake in Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, by purchasing 1.39 million shares from Kakao affiliates. This strategic investment signals Samsung's deepening commitment to blockchain infrastructure and digital asset security.

CryptoBullishCrypto Briefing · May 287/10
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Samsung trio to acquire $408 million stake in crypto giant Dunamu from Kakao

Samsung's investment trio is acquiring a $408 million stake in Dunamu, a major Korean cryptocurrency exchange operator, from Kakao. This strategic acquisition signals Samsung's commitment to blockchain integration and digital finance, potentially reshaping South Korea's fintech sector and marking increased corporate interest in crypto infrastructure.

Samsung trio to acquire $408 million stake in crypto giant Dunamu from Kakao
CryptoBullishBlockonomi · May 287/10
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Samsung Invests $408M in Dunamu as South Korea’s Crypto Market Heats Up

Samsung announced a $408 million investment in Dunamu, the parent company of South Korea's major cryptocurrency exchange Upbit, signaling institutional confidence in the crypto sector. This move reflects a broader trend of traditional Korean financial institutions entering the digital asset space as regulatory clarity improves.

CryptoBullishcrypto.news · May 287/10
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Samsung’s $408M Dunamu deal signals bigger crypto push

Samsung units are acquiring a 4% stake in Dunamu, the parent company of South Korea's Upbit exchange, for $408 million. This strategic investment signals Samsung's deeper commitment to cryptocurrency infrastructure and reflects Korean tech and financial institutions preparing for anticipated digital asset regulatory frameworks.

Samsung’s $408M Dunamu deal signals bigger crypto push
CryptoBullishThe Block · May 287/10
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Samsung units to acquire $408 million stake in Upbit operator Dunamu

Samsung units are acquiring a $408 million stake in Dunamu, the operator of South Korea's Upbit exchange, as major Korean institutions position themselves ahead of the country's anticipated cryptocurrency regulatory framework. This strategic investment signals institutional confidence in digital assets and reflects preparation for formalized crypto markets.

Samsung units to acquire $408 million stake in Upbit operator Dunamu
CryptoBullishThe Block · May 47/10
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South Korea’s largest crypto exchange Upbit launches Ethereum blockchain with Optimism Foundation support

South Korea's largest crypto exchange Upbit has launched its own Ethereum blockchain in partnership with the Optimism Foundation, becoming the foundation's first client on its enterprise 'self-managed' tier. This arrangement grants Upbit independent control over its rollup architecture, representing a significant institutional adoption of Optimism's technology and highlighting the growing trend of exchanges building proprietary blockchain infrastructure.

South Korea’s largest crypto exchange Upbit launches Ethereum blockchain with Optimism Foundation support
$ETH$OP
CryptoBullishNewsBTC · Mar 97/10
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Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack

Analyst Rob Cunningham argues XRP's long-term value lies in its utility within the emerging Internet of Value infrastructure, where it could serve as a key component for seamless global value transfer. The analysis suggests regulatory clarity like the Clarity Act could address XRP's legal ambiguity, while market data shows South Korean exchange Upbit has surpassed Binance and Coinbase in XRP trading volume.

Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack
$XRP$ADA
CryptoNeutralBlockonomi · 6d ago6/10
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XRP Dominates South Korea’s Bitcoin Seoul Despite 15% Price Decline

XRP has become the dominant trading asset on South Korea's Upbit exchange, surpassing Bitcoin and Ethereum in daily trading volumes despite experiencing a 15.2% weekly price decline. The surge in retail investor interest reflects localized demand in the South Korean market, with XRP/KRW currently testing critical support levels near ₩1,650–₩1,700 amid broader cryptocurrency market weakness.

$BTC$ETH$XRP
DeFiBullishCrypto Briefing · 6d ago6/10
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Babylon token BABY surges 53% after Upbit listing

Babylon's native token BABY surged 53% following its listing on South Korean exchange Upbit, signaling growing institutional interest in the blockchain project. The listing represents a major milestone for Babylon's market accessibility and validates the potential for its technology to gain traction in the broader DeFi ecosystem.

Babylon token BABY surges 53% after Upbit listing
CryptoBullishCrypto Briefing · Jun 16/10
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$SLX surges 103.8% following listing on Upbit, South Korea’s largest exchange

$SLX token experienced a 103.8% price surge following its listing on Upbit, South Korea's largest cryptocurrency exchange. The dramatic gain underscores how strategic exchange listings can significantly boost token liquidity and reshape market dynamics for newly listed assets.

$SLX surges 103.8% following listing on Upbit, South Korea’s largest exchange
$SLX
AI × CryptoNeutralcrypto.news · May 126/10
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Upbit listing puts privacy AI token VVV in Korea’s spotlight

Upbit, South Korea's largest cryptocurrency exchange, has listed Venice Token (VVV), a privacy-focused AI token, with multiple trading pairs including KRW, BTC, and USDT. The listing brings increased visibility to the privacy AI sector in Korea's competitive crypto market, though VVV's price declined 2.9% in 24 hours to approximately $17.15.

Upbit listing puts privacy AI token VVV in Korea’s spotlight
$BTC
CryptoBullishcrypto.news · May 86/10
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PROS explodes 48% as Upbit and Bithumb listings ignite demand

PROS token surged 47.8% following its listings on major Korean exchanges Upbit and Bithumb, with Pharos volume increasing 209.6% as Korean traders gained direct access to the asset. The listings represent a significant expansion into one of cryptocurrency's most active trading markets.

PROS explodes 48% as Upbit and Bithumb listings ignite demand
CryptoBullishcrypto.news · May 76/10
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Upbit adds B3 Korean won pair as Base token gains Korea access

Upbit, a major South Korean cryptocurrency exchange, has listed B3 token on its Korean won trading pair, marking the first direct access to the Korean market for this Base layer-3 token. The listing includes implementation of trading controls and network rules specific to the Korean regulatory environment.

Upbit adds B3 Korean won pair as Base token gains Korea access
CryptoBullishU.Today · Apr 66/10
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XRP Flips Bitcoin as Most Traded Asset on Korea's Top Crypto Exchange

XRP has overtaken Bitcoin as the most traded cryptocurrency on Upbit, South Korea's largest crypto exchange, according to daily volume rankings. This shift indicates a strong preference for XRP among South Korean crypto traders over the leading cryptocurrency Bitcoin.

$BTC$XRP
CryptoBullishCryptoPotato · Mar 116/10
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Internet Computer (ICP) Price Soars 16% on Upbit Listing: Details

Internet Computer (ICP) experienced a 16% price surge following its listing on Upbit, South Korea's largest cryptocurrency exchange. The listing represents a significant market expansion for ICP into one of Asia's most active trading regions.

Internet Computer (ICP) Price Soars 16% on Upbit Listing: Details