While the global crypto market is facing downtrend, Wormhole (W) token displayed a significant 20% increase in value after South Korea’s leading cryptocurrency exchange, Upbit, announced its listing for trading. The token is now available in trading pairs with the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT), attracting attention
In preparation for an impending network upgrade, the cryptocurrency exchange Upbit will temporarily disable the Near Protocol’s (NEAR) deposit and withdrawal services. An official announcement states that the suspension will start on August 26 at 3 am UTC. And continue on until the network upgrade is determined to be stable.
Withdrawal fees for 22 different cryptocurrencies have been lowered by Upbit, a crypto exchange based in South Korea. Among them are well-known tokens such as Shiba Inu (SHIB) and Ethereum (ETH). Starting on August 23, 2024, at 1 a.m. ET or 2:00 p.m. KST, this change will take effect. Recent
South Korean employees of the prominent crypto exchange, Upbit, are earning more than their equivalents at major banks. This is due to the booming cryptocurrency market. Recent data from the Financial Supervisory Service (FSS) reveals that the average salaries at Upbit’s operator, Dunamu surged to 133.73 million South Korean won
South Korea’s largest cryptocurrency exchange, Upbit, has officially announced listing Aethir (ATH) on its KRW and BTC markets. Aethir is a decentralized cloud computing project, targeting the rising computational demands of AI and gaming. Aethir’s cloud computing approach positions it as a key player in these sectors. The Aethir network
South Korean crypto exchange Upbit announced the launch of BLAST trading pairs for Korean won (KRW), Bitcoin (BTC), and Tether (USDT). Notably, the trading of BLAST, the governance token of L2 network Blast, on the platform is expected to start on Wednesday. Upbit is one of the five fully licensed
Despite a sluggish performance in the global cryptocurrency market over the past fortnight, new projects and developments continue to create buzz. In the queue, LayerZero, an omnichain interoperability protocol, has garnered significant support from the crypto community following a successful airdrop. This led to the listing of its native token,
South Korea’s premier cryptocurrency exchange, Upbit, recently added Beam (BEAM) to its trading list, leading to a surge in trading volumes and investor interest. The announcement has significantly boosted BEAM’s visibility and accessibility, propelling a sharp demand increase. This heightened interest drove BEAM’s price up by over 39.68% in a
One of the biggest cryptocurrency exchanges in South Korea, Upbit, will halt any transactions involving digital assets worth more than 1 million won ($721). This is a reaction to recent developments at Ten&Ten, a local facilitator of deposits and withdrawals and a virtual asset service provider (VASP). Upbit announced the
After hitting a peak in early March, the 24-hour trading volume at Upbit—one of the largest cryptocurrency exchanges in South Korea—fell to $3.8 billion at the beginning of April. The Upbit exchange reached this year’s all-time high trading volume of around $15 billion on March 5. The fact that Bitcoin
