Upbit reveals 5.9B-won corporate loss in latest hack
Upbit disclosed a 5.9 billion-won hit to corporate funds after a Solana-based hot-wallet exploit on November 27, 2025, while confirming full reimbursement of affected customers....
Upbit
Upbit reports hack of $36.8M in Solana-based assets and assures restitution to users
Upbit detected an unauthorized outbound movement of Solana-based assets for approximately $36.8M. The platform suspended deposits and withdrawals, stated it will cover the losses with...
Naver acquires Upbit operator Dunamu in $10.3B deal, plans won-backed stablecoin
South Korean tech giant Naver has finalized the acquisition of Dunamu, the operator of cryptocurrency exchange Upbit, in an all-stock transaction valued at $10.3 billion....
Upbit seeks a U.S. IPO after merger with Naver
Upbit, through its parent Dunamu, plans an initial public offering (IPO) in the U.S. after completing a strategic merger with Naver Financial, according to reports....
Naver Financial in talks with Upbit on share swap and a won-backed stablecoin
Naver Financial is holding talks with Upbit about a stock swap to fold South Korea’s largest crypto exchange into Naver’s fintech group and to issue...
New Trading Pairs Propel Raydium: 18% Surge Following Upbit Announcement
TL;DR Raydium surges over 18% following Upbit’s launch of new RAY/KRW and RAY/USDT pairs. Enhanced liquidity boosts trading efficiency, drawing increased investor interest and capital....
Upbit Moves User Data to AWS Servers in the U.S.: What This Means for Privacy
TL;DR Upbit will migrate user data storage to Amazon Web Services (AWS) servers in the United States starting October 1, 2024. The measure seeks to...
Upbit Surge: AKT and BIGTIME Stand Out Following Listing on South Korean Exchange
TL;DR Akash Network (AKT) and Big Time (BIGTIME) see significant surge after their listing on Upbit. The start of trading for Akash Network (AKT) has...
Upbit Warns Users About Suspicious Movements in Somesing (SSX)
TL;DR Upbit Alert on SSX: Upbit issues alert on suspicious financial movements in Somesing (SSX). Cautionary Designation by DAXA: DAXA in South Korea identifies SSX...
Astar Token Rises 50% After Being Listed on Upbit
The Astar token (ASTR) has seen a significant surge in value, rising by 50% following its listing on Upbit, South Korea’s largest cryptocurrency exchange. The...