Layerzero’s ZRO Token Listed on Major Exchanges, Boosting Cross-Chain Communication Potential

June 21, 2024 Bitcoin.com

Binance

Layerzero’s native token, ZRO, has been listed on several major cryptocurrency exchanges, marking a significant milestone for the cross-chain communication protocol. Binance, Upbit, Okx, Bybit, Gate.io, Bitget, Kucoin, MEXC, and Woo X have all added ZRO to their platforms, offering various trading pairs. Layerzero distinguishes itself with its innovative approach to cross-chain communication, facilitating the […]

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Coinbase-Backed Altcoin Skyrockets Nearly 100% After Earning Listing From Korean Exchange Upbit

May 29, 2024 The Daily Hodl

Altcoins

South Korean crypto exchange Upbit has announced the new listing of a low-cap altcoin, triggering explosive price action. In a new announcement on May 29, Upbit says they’re listing Bounce (AUCTION), a crypto project focused on blockchain-based auction technology. The project, created by Bounce.Finance, is a decentralized auction platform that allows for the swapping of […]

The post Coinbase-Backed Altcoin Skyrockets Nearly 100% After Earning Listing From Korean Exchange Upbit appeared first on The Daily Hodl.

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South Korea’s Crypto Premium Drops Below 1% as Bitcoin and Ethereum Prices Align Globally

May 22, 2024 Bitcoin.com

Bitcoin (BTC)

South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands at 0.84%, while ETH’s premium is in a similar range. South Korea’s Crypto Premiums Slides When BTC reached its all-time high in March, the leading […]

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South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average

May 12, 2024 Bitcoin.com

Bitcoin (BTC)

Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics reveal that the South Korean won still ranks as the second most traded fiat currency against bitcoin, accounting for 2.07% of all spot bitcoin trades, […]

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Decentralized Cloud Computing Altcoin Explodes After Korea’s Biggest Crypto Exchange Announces Support

April 23, 2024 The Daily Hodl

A decentralized cloud computing altcoin is soaring after Korea’s biggest crypto exchange announced support for the digital asset. Akash Network (AKT) shot up Tuesday from a low of $4 to a high of $6.74, a more than 68% increase after crypto exchange Upbit announced support. At time of writing, AKT has retraced slightly to $5.30 and […]

The post Decentralized Cloud Computing Altcoin Explodes After Korea’s Biggest Crypto Exchange Announces Support appeared first on The Daily Hodl.

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Upbit suspends crypto transactions exceeding 1 million won

April 17, 2024 Coin Telegraph

Coin Telegraph

The suspension of Ten&Ten’s Travel Rule Solution service led to Upbit's halt of deposits and withdrawals exceeding the equivalent of $721.

One of South Korea’s largest crypto exchanges, Upbit, will suspend deposits and withdrawals of digital assets of more than 1 million won (approx $721).

The move comes in response to changes to the virtual asset service provider (VASP) Ten&Ten, one of the providers of deposits and withdrawals.

Crypto exchange Upbit announced in a blog post on April 17, that the suspension of use and termination of Ten&Ten’s Travel Rule Solution service is the reason behind its suspension of deposits and withdrawals.

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While Some Think Bitcoin’s 12th-Largest Wallet Hides a Nation State, Onchain Data Shows an Exchange

April 12, 2024 Bitcoin.com

Arkham

This week, the crypto community on social media has once again been buzzing about a bitcoin wallet called ‘Mr 100’ following a significant deposit of 100 bitcoin on April 10, 2024. Despite numerous assertions that the wallet is associated with the South Korean cryptocurrency exchange Upbit, a faction continues to believe that it is owned […]

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South Korea’s Crypto Market Continues to Defy Global Trends With Premium Prices

April 7, 2024 Bitcoin.com

Bitcoin (BTC)

Metrics reveal that cryptocurrency premiums in South Korea consistently outpace the global average. As of now, bitcoin exchanges hands at $69,245 per piece globally, while on the South Korean platform Upbit, it’s being traded at $73,513 each. Additionally, March witnessed a notable increase in Upbit’s trade volume, skyrocketing by 172.25% from February’s data. Ethereum, Solana, […]

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Unveiling ‘Mr. 100’ — The Mystery Bitcoin Wallet Linked to Upbit’s Cold Storage

March 17, 2024 Bitcoin.com

Arkham

In the last two months, the crypto community has been buzzing about a wallet affectionately named ‘Mr. 100.’ This moniker originates from its pattern of receiving 100 bitcoin deposits every few days, leading to speculation that it might belong to a wealthy individual from the Middle East. However, onchain analysts from Arkham Intelligence suspect that […]

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South Korea’s Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by $4K

March 7, 2024 Bitcoin.com

South Korea’s Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by K

Bitcoin (BTC)

The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on Thursday, the weighted global average price for bitcoin hovers between $66,800 and $67,000, whereas on the South Korean exchange Upbit, bitcoin’s price stands at $71,076 […]

Upbit

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