Upbit

Crypto Fee War Intensifies in South Korea

According to Kaiko data, Upbit has been the dominant player in the South Korean crypto markets since 2021 with an average market share of 82%. Since exchanges started promotin...

By CoinDesk Staff

Apr 17, 2024 at 4:47 p.m. UTC

Apr 17, 2024

cdtvSouth KoreaChartDay_SponsorKaikoUpbit

Markets

Upbit

Trading Volume on South Korean Crypto Exchange Upbit Crashes 75%

Upbit's 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show.

By Omkar Godbole

Apr 1, 2024 at 11:38 a.m. UTC

Apr 1, 2024

UpbitSouth KoreaMarkets

Limit Order Buy Sell Chart (Shutterstock)

Markets

Bitcoin

Bitcoin's 'Sell The Fact' Pullback Came From Binance, OKX: Kaiko

The cumulative volume delta (CVD) indicator show traders from Binance have led the so-called "sell-the-fact" pullback in bitcoin.

By Omkar Godbole

Jan 16, 2024 at 7:12 a.m. UTC

Jan 16, 2024

BitcoinBinanceOKXUpbitMarkets

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

Policy

Upbit

Crypto Exchange Upbit Gets Full Licensing in Singapore

Upbit said it is "poised to expand [its] range of offerings," having acquired a MPI license.

By Jamie Crawley

Jan 8, 2024 at 4:25 p.m. UTC

Jan 8, 2024

UpbitSingaporeMonetary Authority of SingaporeExchange

Markets

South korea

South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research

Koreans trade differently to the rest of the world, market data shows.

By Sam Reynolds

Oct 27, 2023 at 9:30 a.m. UTC

Oct 27, 2023

South KoreaKoreaUpbitXRPTrading

Finance

Upbit

Upbit Receives Preliminary 'In-Principal' Approval in Singapore

The in-principal approval allows Upbit Singapore to continue providing regulated digital payment token services in compliance with the Payment Services Act 2019.

By Omkar Godbole

Oct 16, 2023 at 5:03 a.m. UTC

Oct 16, 2023

UpbitSingaporeMAS

South Korea flag (Daniel Bernard/ Unsplash)

Markets

Upbit

Upbit Deflected 879 Hacking Attempts per Day in First Half of the Year

The exchange is immensely popular in the country and is known for attracting speculative rallies.

By Shaurya Malwa

Oct 9, 2023 at 11:42 a.m. UTC

Oct 9, 2023

UpbitSouth KoreaHack

Markets

Aptos

Counterfeit Aptos Token Deposited on Upbit Leads to APT Withdrawals Being Temporarily Suspended

Exchange has resumed operations, and some say a more significant market incident was narrowly avoided.

By Sam Reynolds

Sep 25, 2023 at 4:05 a.m. UTC

Sep 25, 2023

AptosUpbitApt

NFT Platform ImmutableX's IMX Token Surges This Week, Upbit Leads Volume Growth

Video

Cdtv

NFT Platform ImmutableX's IMX Token Surges This Week, Upbit Leads Volume Growth

IMX, the native token of NFT platform ImmutableX, surged on Thursday to as high as 74 cents, before retreating. The IMX-Korean won (IMX/KRW) pair listed on South Korea's Upbit...

By CoinDesk Staff

Sep 22, 2023 at 3:31 p.m. UTC

Sep 22, 2023

cdtvNFTSouth KoreaChartDay_SponsorUpbitIMXImmutablex