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Upbit

A collection of 3 posts
South Korea's Largest Crypto Exchange Upbit Suffers $36 Million Hack
Hack

South Korea's Largest Crypto Exchange Upbit Suffers $36 Million Hack

South Korea’s leading cryptocurrency exchange Upbit disclosed a significant security breach on Thursday morning, with approximately 54 billion won, equivalent to around $36 million, drained from its Solana network holdings. The unauthorized transfers involved a mix of Solana-based assets, including SOL, USDC, and various smaller tokens, which were moved
28 Nov 2025 2 min read
South Korea's Martial Law Shakes Up Cryptocurrency Market
Crypto

South Korea's Martial Law Shakes Up Cryptocurrency Market

The sudden declaration of martial law by South Korean President Yoon Suk Yeol has sent ripples of uncertainty through the global cryptocurrency market, igniting a chaotic response in trading activity and price volatility. This unexpected political maneuver has not only destabilized the financial markets but has also put a spotlight
03 Dec 2024 2 min read
South Korea's Upbit Investigated for Over Half a Million KYC Violations
Exchange

South Korea's Upbit Investigated for Over Half a Million KYC Violations

South Korea's largest cryptocurrency exchange, Upbit, has recently found itself in hot water over allegations of massive Know Your Customer (KYC) violations. The Scale of the Violations Upbit, a name synonymous with Bitcoin and cryptocurrency trading in South Korea, has come under scrutiny for not just minor oversights
15 Nov 2024 3 min read
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