News list for " Korea plus"
South Korean crypto exchanges Upbit and Bithumb have decided to compensate investors in the amount of about 3.50 billion won ($2.40 million) for losses caused by the network outage on December 3, the day South Korea declared martial law. Upbit will pay 3.10 billion won (approx. $2.20 million) for 596 incidents of system failure, while Bithumb will pay 377.50 million won (approx. $264,000) for 124 incidents. No other exchanges have related cases. This incident is the most affected user in the his...
South Korean crypto exchange Upbit will list Injective (INJ) on the KRW and USDT markets, with trading support starting at 18:15 local time on October 17.
According to official news, South Korean crypto trading platform Upbit will launch USDC trading pairs, initially supporting KRW, BTC, and USDT trading pairs.
Cha Myung-hun, the chief executive of South Korean crypto exchange Coinone, has denied rumors that he is in talks with gaming company Com2uS Holdings to sell part of the company. As of last year, Cha held a combined 53.46% stake in Coinone through his personal company, The One Group, and individual holdings. Despite previous speculation that Com2uS would become Coinone's largest shareholder if the deal goes through, representatives of both companies denied the rumors.
South Korean crypto exchanges have surpassed Bitcoin in XRP trading volume this week. According to data tracked by CoinGecko, XRP accounted for 40% of the trading volume of Upbit, the largest exchange in South Korea, and more than 35% of the trading volume of Bithumb and Korbit. Earlier this week, XRP more than doubled the number of unpositioned squaring contracts tracking futures and tended to move in a bullish direction. On Friday, business returned to normal. Bradley Park, a Web3 analyst at C...
South Korean crypto exchange Upbit announced that the start time of Jupiter (JUP) trading support originally scheduled for 17:00 Beijing time today has been delayed by one hour, that is, starting at 18:00 Beijing time today.
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