The licenses will allow Upbit Thailand to offer services in four categories: digital token exchange, digital token broker, digital currency broker and digital currency exchange.
In an interview with CoinGeek, Chainalysis discusses how the COVID-19 pandemic has affected digital currency crime, Upbit partnership and how it’s coping in these trying times.
South Korea is gripped by a child porn scandal that has caused national uproar. And now, the four largest digital currency exchanges are helping investigators.
South Korean crypto wallet Bitberry is set to shut down at the end of this month, blaming the crypto market slow momentum and the uncertainty of the industry.
South Korean cryptocurrency exchange Upbit notified its users of the unauthorized transfer of 342,000 Ether (ETH) worth roughly $49 million from its hot wallet.
South Korean firm SM Entertainment is reported to have partnered with CTIA Labs to build the project, which is still in the early stages of development.
Crafty North Korean hackers nearly found a way to steal a bunch of money from South Korean cryptocurrency investors.
Against the backdrop of the ongoing bear market, only Upbit turned a profit for the year, bucking the trend which saw Bithumb, Coinone and Korbit post heavy losses for the period.
Cryptocurrency exchange Upbit, the largest in South Korea, has been accused of falsifying orders and manipulating data processing systems.
Upbit, one of the biggest cryptocurrency exchanges in South Korea, has reportedly set up a website for crypto exchanges in Thai and Indonesian languages, as part of its attempt to market its trading services to customers in the two Asian countries.