Upbit

UPbit Receives Preliminary Greenlight From Singaporean Authorities

UPbit Receives Preliminary Greenlight From Singaporean Authorities

In spite of previous high-profile disappointments tied to the crypto industry, such as 3AC and the ill-fated investment into FTX, the Singaporean government has been approving quite a few crypto platforms during the past weeks. The latest to get the preliminary nod is the South Korean giant – UPbit. Spree Of Approvals Ripple, Coinbase,  and …

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Upbit Saw a 117% Rise in Hacking Attempts in H1 2023

Upbit Saw a 117% Rise in Hacking Attempts in H1 2023

Upbit, a South Korean cryptocurrency exchange, faced over 159,000 hacking attempts during the first half of 2023, as reported by its operating company, Dunamu. This figure represents a significant surge, with a 117% rise compared to the same period in 2022 and an astounding 1,800% increase compared to the first half of 2020. Upbit is …

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