South Korea Targets Dunamu Over $30M Upbit Hack
Eight months after Upbit lost $30M to thieves, the FSS finally moved, but Korean crypto law carries no direct sanction clause for hacks, leaving the actual penalty still undefined.
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Eight months after Upbit lost $30M to thieves, the FSS finally moved, but Korean crypto law carries no direct sanction clause for hacks, leaving the actual penalty still undefined.
Three Samsung units — Securities, Card, and SDS — are taking 4% of the operator of Upbit, South Korea's largest crypto exchange, in a deal that reframes crypto as a strategic sideline for Kakao and a…
Samsung affiliates are set to acquire a $408 million stake in Dunamu, the South Korean company that operates Upbit —…
A top-five Korean commercial bank taking a 6.55% position in the country's dominant crypto exchange is the kind of legitimizing flow the Asian market hasn't seen at this scale before.