Fri, June 6

What’s Powering Ravencoin (RVN) and Lagrange (LA) Price Rallies?

While the crypto market continues its average performance, some altcoins are showing exceptional growth today. Bitcoin and Ether continue to surf at around $104K and $2.5K price levels, and major altcoins like XRP, Solana, Dogecoin, and BNB also record no significant price surges. Meanwhile, two altcoins, Ravencoin (RVN) and Lagrange

9 hours ago 2 mins read

Upbit Halts Stacks (STX) Deposits and Withdrawals Amid Network Block Delays

According to a recent official announcement, South Korea’s largest cryptocurrency exchange Upbit has temporarily suspended its STX transaction services. This follows after continued delays in Stacks network’s block generation. The suspension remains in effect until the exchange confirms that deposit and withdrawal operations can proceed safely. The decision follows reports

May 24, 2025 2 mins read

DeepBook Protocol (DEEP) Price Surges 20% Following Upbit Listing

Market price surges following token listing announcements are not new to the crypto industry. This is very prevalent when it comes to announcements from top crypto exchanges with a wide user base. The recent token listing announcement by Upbit exchange has triggered a price surge in DeepBook Protocol’s DEEP token. 

April 22, 2025 2 mins read

Upbit and Bithumb to Pay $2.4M to Users for Network Outage on Martial Day

South Korean crypto exchanges Upbit and Bithumb have made headlines again today. Both of them come to an agreement to pay around $2.4 million to users as compensation. This is to cover the losses that incurred due to network outages on December 3, 2024, Martial day of South Korea. This

January 22, 2025 2 mins read

South Korea Orders Upbit to Suspend Business For KYC Violation

South Korean financial regulation, Financial Intelligence Unit (FIU) ordered Upbit exchange to suspend its business operations for violating KYC and AML regulations. Upbit is the top crypto exchange in South Korea and top 5th crypto exchange across the world, in terms of trading volume.  Being one of the largest crypto

January 16, 2025 2 mins read

Upbit Faces Heat as South Korea’s FIU Conducts Disciplinary Hearing

South Korea’s Financial Intelligence Unit (FIU) is set to conduct a disciplinary hearing on January 21 to evaluate Upbit, the nation’s largest cryptocurrency exchange, for alleged violations of Know-Your-Customer (KYC) regulations. During a recent on-site inspection tied to the renewal of Upbit’s Virtual Asset Service Provider (VASP) license, the FIU

January 15, 2025 2 mins read

MOCA Price Skyrocketed By 370% After Upbit Listing Announcement

With Bitcoin touching a new all time high of around $106,000 and Ether going as high as $4,016, the bull run resumed. The overall crypto market cap is standing at $3.7 trillion with a 2.15% increase in the last 24 hours. Meanwhile, Mocaverse native token MOCA witnessed a sharp price

December 16, 2024 3 mins read

Upbit, Bithumb, and Binance HODLer Airdrop to List MOVE Token

Amidst the bull market sentiment across the crypto industry, the token listing announcements from renowned crypto exchanges is increasing. Two largest South Korean crypto exchange platforms, Upbit and Bithumb announced MOVE token listing today.  MOVE is a native token of the Movement Network crypto project built as a layer 2

December 9, 2024 2 mins read

South Korea’s FIU Investigates Upbit for 600K KYC Violations

South Korea’s largest cryptocurrency exchange, Upbit, faces an investigation for alleged violations of Know Your Customer (KYC) procedures. The Financial Intelligence Unit (FIU) has flagged between 500,000 and 600,000 identification issues during the review of Upbit’s business license renewal. The FIU uncovered numerous instances of blurred names or incomplete data

November 15, 2024 2 mins read

South Korea Might Lift Ban on Spot Crypto ETFs

South Korea’s Financial Services Commission (FSC) is reconsidering the possibility of lifting its long-term ban on spot exchange-traded funds (ETFs). It further allows institutional accounts on local crypto exchanges.  The Virtual Asset Committee will evaluate approving the virtual asset spot ETFs and allowing the corporate virtual asset accounts.  Since 2018,

October 10, 2024 1 min read