Latest Upbit News

United States Senator Dick Durbin proposed legislation aiming to reduce fraud through crypto ATMs.

Upbit operator Dunamu is trying to overturn sanctions imposed by regulators after they found faults with Upbit’s verification process.

Upbit emphasized that the FIU’s sanctions “may be subject to change” through procedures in accordance with relevant regulations.

Upbit must respond to the FSC’s suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months.

Upbit has warned investors as IOST plans a layer-2 transition, with 21 billion new tokens and a tokenomics overhaul.

Bitcoin's price cooled off at the start of December, but several bullish catalysts support investor anticipation that $100,000 BTC is around the corner.

South Korea said North Korean hackers Lazarus and Andariel were behind the $50 million Upbit hack in 2019, with the stolen crypto now valued at over $1 billion.

Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with its business license renewal.

Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations.

Upbit ensures uninterrupted NEAR trading while suspending deposit and withdrawal services amid a crucial network upgrade.

Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase. 

Bitcoin price struggles as stablecoin and futures market data show declining confidence among traders.

South Korea will implement the law on virtual asset user protection by July 19.

The suspension of Ten&Ten’s Travel Rule Solution service led to Upbit halting deposits and withdrawals exceeding the equivalent of $721.

BTC price surpassed $72,000 in South Korea as the “Kimchi premium” widens, suggesting strong retail interest as the government mulls spot Bitcoin ETF approval.