Latest News and Articles about Upbit
Upbit and Bithumb Halt SNX Deposits After sUSD Depeg Crisis
South Korean Exchanges Upbit, Bithumb Suspend SNX Deposits After Warning from DAXA South Korean crypto giants Upbit and Bithumb have halted deposits for Synthetix (SNX) following a warning from the Digital Asset Exchange Alliance (DAXA). This action was triggered by concerns over the depegging of sUSD, Synthetix’s stablecoin, which saw its value drop significantly below […]
Read MoreUpbit Challenges Wu Blockchain’s $10M Listing Fee Claims: Demands Proof Amid Regulatory Scrutiny
Upbit Challenges Wu Blockchain on Listing Fee Allegations: Demands Proof South Korea’s leading cryptocurrency exchange, Upbit, faces serious allegations from Wu Blockchain, claiming that the exchange charges hefty intermediary fees for token listings. Upbit has vehemently denied these accusations and is challenging Wu Blockchain to provide concrete evidence. This controversy emerges amidst heightened regulatory scrutiny, […]
Read MoreUpbit and Bithumb Pay Record $2.5M Crypto Compensation in South Korea After System Failures
Upbit and Bithumb Set Record with Biggest Ever Crypto Compensation in South Korea In a historic move following a tumultuous period, South Korea’s leading crypto exchanges, Upbit and Bithumb, have agreed to pay out the largest compensation in the nation’s crypto history due to system failures caused by a martial law declaration and a Bitcoin […]
Read MoreUpbit Faces Sanctions in South Korea: New Users Risk Six-Month Withdrawal Ban
Upbit Faces Potential Sanctions in South Korea Amid Regulatory Crackdown Imagine waking up to find your new crypto investments locked away for six months. This could soon be a reality for new Upbit users as South Korea ramps up its regulatory crackdown. Upbit, the largest cryptocurrency exchange in South Korea, is under scrutiny for potential […]
Read More