BitcoinEthereumNews·
The post South Korea’s DAXA Cracks Down on Crypto API Abuse appeared on BitcoinEthereumNews.com. DAXA mandates Upbit, Bithumb, Coinone, Korbit, and Gopax to invalidate suspicious shared API keys. Automated trading accounts for 30% of Korean crypto volume, making API governance a systemic issue. Exchanges must now monitor, warn, re-verify, and force-expire API keys based on risk level detected. South Korea’s Digital Asset Exchange Alliance (DAXA) has established mandatory compliance standards requiring the country’s major cryptocurrency exchanges to detect and invalidate API keys suspected of being improperly shared or lent between users. The policy, announced May 28, targets a specific exploitation method that has been used to facilitate price manipulation and unfair trading practices across Korean crypto markets. DAXA member exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax, are all subject to the new standards. Why This Matters API keys are access credentials that allow
Read full articleThe KRW listing on Upbit could significantly boost IO's market visibility and liquidity, potentially driving broader adoption and investment. The post Upbit lists io net (IO) on KRW market with Solana support appeared first on Crypto Briefing.
DAXA issued new API key rules for Korean exchanges after FSS warned automated trading makes up about 30% of domestic crypto turnover.
OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market.
OKX Ventures has agreed to acquire a 19.6% stake in South Korean cryptocurrency exchange Coinone through an 80 billion won ($53 million) investment, expanding the global exchange group’s presence in one of Asia’s largest digital asset markets. According to a…
South Korea’s DAXA rolls out new API key rules targeting price manipulation and unfair crypto trading across major exchanges. South Korea is tightening its grip on crypto trading. The Digital Asset Exchange Alliance (DAXA) rolled out a new compliance standard on May 28. The policy targets the improper lending of API keys across member exchanges. […] The post South Korea Targets Crypto Trading Bots With New API Crackdown appeared first on Live Bitcoin News.
Samsung affiliates will buy a 4% stake in Dunamu for $408 million. Samsung Securities gets 2% while Samsung SDS and Samsung Card each get 1%. The three Samsung units will cooperate on tokenized securities, blockchain, and digital payments. The Samsung Group affiliates took a massive and highly strategic step into the domestic digital assets market. […] The post Samsung Backs Upbit Operator Dunamu With $408M Investment appeared first on Live Bitcoin News.
Three Samsung affiliates have agreed to jointly acquire a 4% stake in Dunamu, the company behind South Korea’s largest cryptocurrency exchange, Upbit, for approximately 612.8 billion won ($408 million). Samsung Units to Acquire 4% Stake in Upbit Operator Dunamu Samsung Securities, Samsung SDS, and Samsung Card announced the deal on May 28, 2026, according to […]
The post Samsung Securities Acquires 2% Stake in Upbit Parent Dunamu appeared on BitcoinEthereumNews.com. Key Highlights Samsung Securities will invest nearly $204 million to acquire a 2% stake in Upbit parent company Dunamu. Upbit currently controls over 80% of South Korea’s crypto exchange market and reportedly serves more than 10 million users. The deal comes as South Korea expands crypto regulation and opens the door for greater institutional participation in digital assets. Upbit:- In a major crypto acquisition update, Samsung Securities has announced plans to acquire a 2% stake in Dunamu. Dunamu is the parent company of South Korea’s largest cryptocurrency exchange Upbit. According to local reports and company disclosures, Samsung Securities approved the investment through a board resolution. It will invest approximately 306.3 billion won (around $204 million) to purchase nearly 697,000 shares in Dunamu. The transaction values Dunamu at approximately 15.3 trillion won, or roughly
