upbit – DIGIT INFO

South Korean Traders Push Bitcoin Into Its Deepest Discount Since 2021

DIGIT — Sat, 06 Jun 2026 17:10:43 +0000

As bitcoin slipped to a 2026 low of $59,100, market data reveals that BTC priced against the South Korean won has been changing hands at a discount. In fact, the Kimchi premium has vanished, and bitcoin has been trading below global market prices in South Korea for nearly a month. Nearly a Month of Discounts […]

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Samsung Affiliates Pay $408 Million for Upbit Operator Stake, Closing June 2026

DIGIT — Thu, 28 May 2026 15:40:16 +0000

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 […]

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Hana Bank Buys 6.55% of Upbit Parent Dunamu in $670M Crypto Push

DIGIT — Sat, 16 May 2026 11:30:19 +0000

Hana Bank has acquired a 6.55% stake in Dunamu, the operator of South Korea’s largest crypto exchange, Upbit. The deal marks one of the clearest signs yet that major Korean banks are moving deeper into digital assets. Kakao Sells $670M Dunamu Stake to Hana Bank Hana Bank has agreed to acquire a significant stake in […]

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Circle, Dunamu Partner on Crypto Education in South Korea

DIGIT — Tue, 14 Apr 2026 06:30:18 +0000

Circle and Dunamu have signed a partnership to promote digital asset education in South Korea. The collaboration aims to strengthen trust and regulatory alignment in the local crypto market. Key Takeaways: Circle and Dunamu signed a 2026 deal to boost USDC education, strengthening Korea’s crypto trust. Upbit operator Dunamu’s partnership with Circle signals tighter compliance […]

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Bitcoin Diverges From Global Prices in South Korea — Third Major Discount Since FTX

DIGIT — Wed, 11 Mar 2026 01:05:05 +0000

With bitcoin trading between $65,962 and $73,669 this week, market data shows South Korea posted its deepest discount to global prices since December 2024. Rare Bitcoin Discount Hits South Korea — Only Three Such Events Since 2022 Bitcoin is trading at a discount in South Korea, as metrics collected at 7 p.m. EST Tuesday show […]

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Upbit Towers Over Rivals as South Korea’s Primary Crypto Liquidity Hub, Research Finds

DIGIT — Sun, 18 Jan 2026 22:40:51 +0000

Liquidity on South Korea’s cryptocurrency exchanges looks deceptively simple on the surface, but Kaiko Research finds that beneath the headline volumes lies a far more nuanced—and occasionally unforgiving—market structure. South Korea’s Crypto Liquidity Is Complicated—Kaiko Research Explains Why In its report, “The State of Liquidity on Korean Crypto Markets,” Kaiko Research defines liquidity not as […]

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Korean Exchange Upbit Accelerates Security Overhaul After $30M Cyberattack

DIGIT — Sun, 30 Nov 2025 04:30:27 +0000

A cybersecurity breach pushed crypto platform Upbit to halt transfers and rebuild parts of its wallet infrastructure while investigators reviewed abnormal activity and the exchange moved to assure customers their assets remained fully protected. Upbit Races to Fortify Systems After Security Breach South Korean crypto exchange Upbit issued an announcement on Nov. 28 from Oh […]

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South Korean Crypto Giant Upbit Prepares Nasdaq Bid After Major Merger With Naver

DIGIT — Mon, 24 Nov 2025 16:35:51 +0000

South Korea’s top crypto exchange Upbit is preparing a path toward a Nasdaq listing as part of a forthcoming merger with tech conglomerate Naver, positioning the exchange for a higher global profile. Upbit Charts U.S. Listing Course Through Dunamu-Naver Tie-Up Upbit’s plans were reported exclusively by Seoul Economic Daily (sedaily.com), which said the exchange’s parent […]

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South Korea’s Bitcoin Premium Roars Back, Blasting Well Past Global Averages

DIGIT — Mon, 17 Nov 2025 18:35:35 +0000

On Monday, bitcoin drifted between $93,029 and $95,903 per coin, dipping into territory it hasn’t touched since May. While traders braced for the slide, South Korea’s crypto market has kept things spicy with a premium that’s been holding strong since mid-September, peaking at 8.27%. At the moment, BTC is fetching $2,413 more in South Korea […]

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‘Mr. 100’ Mania Returns: Viral Whale Myth Falls Apart Under Scrutiny

DIGIT — Sun, 16 Nov 2025 21:40:48 +0000

On social media, the tall tale of a wallet dubbed ‘Mr. 100’ is making the rounds again, with claims that this mysterious figure is scooping up bitcoin while prices sit in the bargain bin. Yet the wallet has long been tied to the crypto exchange Upbit, and these posts seem more interested in spinning theatrical […]

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