Upbit receives approval-in-principle from the Monetary Authority of Singapore
According to a statement from the company, Upbit, a South Korean cryptocurrency exchange, has received provisional approval from the Monetary Authority of Singapore to offer digital payment token services in Singapore.
Upbit received 8.5 million ORBS in the past few hours
Scopescan monitoring shows that in the past few hours, after receiving 8.5 million ORBS, the price of ORBS has risen from about 0.052 US dollars to 0.056 US dollars.
Mixtrust Deposited 1.3 Billion MXT in Upbit, the Current Upbit Deposit Wallet Address Is the Largest Currency Holding Address
According to on-chain monitoring, multiple newly created Upbit associated accounts have deposited a total of 1.3 billion MXT (worth $2.08 million) within three days. Currently, the deposit wallet address of Upbit is the largest holder of MXT, with the address starting with 0x46e having deposited 500 million MXT (equivalent to approximately $800,000) and the address starting with 0x64e having deposited 800 million MXT (equivalent to approximately $1.41 million).
Upbit will suspend APT deposit and withdrawal services
Upbit announced that it will temporarily suspend APT deposit and withdrawal services due to an APT wallet system upgrade.
Upbit is currently the largest holder of STMX with 7.7 billion
According to data monitored by The Data Nerd, 5 days ago, StormX deposited 86.9 million STMX (worth $550,000) into Binance at a price of $0.0063. In addition, Upbit is currently the largest holder of STMX, holding 7.7 billion (worth $51.41 million), accounting for nearly 62% of the circulating supply.
Upbit Singapore Receives In-Principle Approval for Singapore’s Major Payment Institution License
October 16th, Upbit Singapore has received the preliminary approval of the main payment institution (MPI) license in Singapore, allowing it to continue to provide digital payment token services to institutional investors while waiting for full permission.
Upbit Once Again Withdrew 11 Million LOOM, and Its Holdings Accounted for 49.45% of the Circulating Supply of LOOM
According to Scopescan data monitoring, Upbit continued to withdraw 11,081,386 LOOM ($2.9 million) 6 hours ago. Currently, Upbit holds 642,897,441 LOOM ($170 million), accounting for 49.45% of the circulating supply of LOOM.
Upbit Withdraws 25.5 Million STORJ From Binance and OKX
According to Scopescan monitoring, Upbit withdrew 25.5 million STORJ worth $10.78 million from Binance and OKEx 4 hours ago, as reported by DeepChain TechFlow. It is reported that Upbit currently holds 95.4 million STORJ worth $38.2 million, accounting for 23.85% of the total circulating supply of the token.
South Korea’s Five Major Exchanges Disclose Their Reserves
As reported by News1, the office of Korean National Assembly (NAOK) representative Kim Hee-kyung cited data submitted by the Financial Supervisory Service indicating that Korean virtual asset exchanges have publicly disclosed their reserve holdings to deal with hacker attacks and technical failures.
There Were 160,000 Hacker Attacks on Upbit in the First Half of the Year, Double the Number in the Same Period Last Year
Data submitted by Dunamu, the operator of the South Korean cryptocurrency exchange Upbit, to Park, a member of the Science, Technology, Information and Communication Committee of the South Korean National Assembly, showed that Upbit had 159,061 attempted network intrusions in the first half of this year.
