Hana Bank makes $670M Upbit parent bet as Korea crypto shifts

The deal signifies a pivotal shift in South Korea's financial landscape, highlighting increased institutional acceptance of digital assets. The post Upbit operator Dunamu lands Hana Bank as fourth-largest shareholder in $670 million deal appeared first on Crypto Briefing.

South Korean exchange Upbit will pause Cosmos ATOM deposits and withdrawals from May 20 to support a network upgrade. Upbit announced the temporary halt via an official notice to users, stating the pause begins at 6:00 a.m. UTC on May…

The post Bitcoin Exchange Upbit Announces It Will Delist This Altcoin from Its Spot Trading Platform! Here Are the Details appeared on BitcoinEthereumNews.com. Bitcoin Exchange Upbit Announces It Will Delist This Altcoin from Its Spot Trading Platform! Here Are the Details – Bitcoin Sistemi Insert This website uses Cookies to ensure the best experience for you.Accept Source: https://en.bitcoinsistemi.com/bitcoin-exchange-upbit-announces-it-will-delist-this-altcoin-from-its-spot-trading-platform-here-are/

Upbit will delist NKN/BTC on June 15 and set a July 16 withdrawal deadline, while NKN trades near $0.0075 with a $6M market cap today.

The post Upbit Lists Superform (UP2) With KRW, BTC, USDT Pairs — Exchange Bets on Chain Abstraction in Korea appeared on BitcoinEthereumNews.com. New token listings on major Korean exchanges rarely pass without market attention — and when it’s Upbit, the country’s largest platform by volume, the move often sets a short-term price narrative. This time, it’s Superform (UP2), a project branding itself as a “user-owned neobank,” according to a market update. Trading goes live May 14 at 20:30 local time with three base pairs: KRW, BTC, and USDT. The decision to open with Bitcoin and Tether quotes beside the won is itself worth decoding. It tells a story about who Upbit expects to trade UP2 — and why abstraction projects are starting to matter to exchange liquidity desks. Superform describes itself as a neobank that abstracts multi-chain complexity. Instead of forcing users to switch networks to manage assets across Ethereum, Arbitrum, or Optimism, the protocol aggregates balances and lets t

The post Upbit To Temporarily Halt ATOM Deposits And Withdrawals For Cosmos Network Upgrade appeared on BitcoinEthereumNews.com. Upbit To Temporarily Halt ATOM Deposits And Withdrawals For Cosmos Network Upgrade Skip to content Home Crypto News Upbit to Temporarily Halt ATOM Deposits and Withdrawals for Cosmos Network Upgrade Source: https://bitcoinworld.co.in/upbit-suspends-atom-deposits-withdrawals-cosmos-upgrade/

The Upbit listing of Venice Token highlights the potential for rapid price fluctuations and liquidity challenges in crypto markets. The post Upbit adds Venice Token, trading starts May 12, 2026 appeared first on Crypto Briefing.

The post XRP Tops Upbit as South Korea Demand Surges Again appeared on BitcoinEthereumNews.com. XRP Becomes Upbit’s Most Traded Asset as Korean Demand Surges Again  Market analyst Xaif Crypto reports that XRP has surged to the top of Upbit’s 24-hour trading volume, South Korea’s largest crypto exchange, overtaking Bitcoin, Ethereum, and USDT.  Therefore, this move underscores the unusually strong retail demand for XRP in Korea, a pattern that continues to distinguish the market on a global scale.  While Bitcoin still dominates globally, South Korea’s crypto market has consistently followed a different rhythm. Driven largely by retail investors, the market has shown a strong and sustained preference for XRP.  Its relatively low unit price compared to Bitcoin often gives it a psychological edge, making it feel more accessible to smaller traders seeking higher perceived upside and easier entry into the market.  Beyond market sentiment, XRP’s fast settlement times and strong liquidity have