Category: Dunamu

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Upbit Operator Denies it Wants to Buy a Securities Firm

Dunamu, the operator of Upbit, South Korea’s biggest crypto exchange, has denied it is poised to buy a securities company – and says it is instead eyeing non-fungible token (NFT) expansion. The operator has recently been linked with a takeover move for an unnamed domestic securities provider. But Sisa Week reported Dunamu has “denied” the…
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Investor Sues Korean Crypto Exchange for Delaying Coin Transfer Before Luna Crash

A cryptocurrency investor has reportedly sued South Korean crypto exchange Upbit after the trading platform delayed processing his luna coin transfer prior to its crash. The Korean crypto exchange is investigating the details of the lawsuit. Upbit Sued by Crypto Investor Dunamu Inc., the company that operates the South Korean cryptocurrency exchange Upbit, has been…
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Upbit Operator Distances Itself from Terra-LUNAC ‘Investment’, Says It Swapped Coins for Bitcoin

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Upbit Operator Faces Scrutiny Over Affiliate’s 2020 USD 103M LUNA Sale

  South Korean crypto exchanges are now in the firing line as the terra (LUNA) crash fallout continues to sow the seeds of chaos in the domestic crypto industry. Dunamu, the operator of the Upbit exchange, has denied reports that it dumped large sums of LUNA to avoid forthcoming price drops as “groundless” – but…
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‘Big Four’ S Korean Crypto Exchanges Hired 600+ Employees in 2021 – And They’re Not Done Yet

  South Korea’s biggest crypto exchanges appear to be on an expansion drive – and have hired 620 new staff members this year. Per the media outlet The Fact, the “big four” crypto trading platforms in the nation – Upbit, Bithumb, Korbit and Coinone – have been growing their workforces in 2021. And pay rates…
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Melania Trump’s NFT Vision, Mastercard’s Ethereum Plan + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________  … Read More: Melania Trump’s NFT Vision, Mastercard’s Ethereum Plan + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card