Upbit: All Abnormal Deposit Attempts Have Been Resolved and APT Deposit and Withdrawal Services Have Been Restored
Upbit, a South Korean cryptocurrency exchange, announced that it has detected abnormal deposit attempts during the monitoring of Aptos (APT) deposits and withdrawals. As a result, Upbit has suspended deposits and withdrawals and is checking its wallet system.
Korea Investment and Securities Corporation’s First Token Securities Issuance Infrastructure Has Completed Pilot Issuance
September 21st, according to Decenter, Hankook Investment & Securities, a subsidiary of South Korean financial holding company, has completed the construction of the industry's first tokenized securities (ST) issuance infrastructure.
Hankook Investment & Securities announced that the tokenized securities consulting firm "Korean Investment ST Friends" has developed the infrastructure necessary to implement the process of tokenized securities issuance and settlement, and has completed a pilot issuance.
Bithumb Will List Korean Won Trading Pair on Trader Joe’s (JOE)
South Korean cryptocurrency exchange Bithumb will list Trader Joe token JOE, supporting KRW market trading pairs. Deposits will start at 14:00 Beijing time and trading will begin at 16:00.
Bithumb to List CyberConnect Token CYBER for Korean Won Trading Pairs
Bithumb, a South Korean cryptocurrency exchange, will list the CyberConnect token CYBER, supporting KRW market trading pairs. Deposits will start at 11:00 local time, and trading is planned to begin at 14:00.
South Korean Encryption Exchanges With Bank Real-Name Accounts Need To Prepare at Least 3 Billion Won in Reserves From September
According to the guidelines, South Korean cryptocurrency exchanges that have obtained real name accounts from banks will need to establish a reserve of at least 3 billion won and a maximum of 20 billion won from September. This is to fulfill the compensation responsibility to users in the event of accidents such as hacker attacks and computer failures.
Upbit Will Launch CyberConnect (CYBER)
On August 22nd, according to an official announcement, the South Korean cryptocurrency exchange Upbit announced that it will list CyberConnect (CYBER) on its BTC market, and trading is expected to begin at 15:00 local time on August 22nd.
Aptos Partners with Korean Game Publisher Neowiz and Its Web3 Gaming Platform Intella X
Aptos has announced a partnership with South Korean game publisher Neowiz and its Web3 game platform Intella X to develop the Intella X ecosystem and support the Web3 gaming industry.
South Korean National Intelligence Service: North Korean hackers illegally amassed at least 180 million U.S. dollars in the first half of this year
National Intelligence Service of South Korea stated that North Korea remains a major threat in terms of cryptocurrency utilization, with hackers illegally amassing at least $180 million in the first half of this year.
Upbit Suspends Deposit and Withdrawal of Curve (CRV) as Vulnerability Found in Stablecoin Pools
South Korean cryptocurrency exchange Upbit has temporarily suspended the deposit and withdrawal of Curve (CRV) as a precautionary measure after a vulnerability was found in several of the stablecoin pools. Upbit has advised investors to exercise caution due to the increased volatility of CRV amid the situation.
South Korean Game Company Wemade Was Exposed to Selling WEMIX Tokens Off-Site by Issuing Structured Financial Products
According to BlockMedia reports, South Korean game company Wemade sells WEMIX tokens off-site by issuing structured financial products, and these tokens will be sold directly in secondary markets such as exchanges after the lock-up period ends. The team's token issuance plan has caused huge controversy before, and this off-exchange transaction allows it to directly sell the holding tokens without going through the exchange.
