UPbit | ForkLog

ForkLog 132 27.11.2025

Hackers Steal $37 Million from South Korean Exchange Upbit

On November 27, South Korea's largest bitcoin exchange, Upbit, suspended withdrawals following an attack in which hackers stole assets worth $36.8 million.

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ForkLog 6 21.11.2024

North Korean Hackers Implicated in 2019 Upbit Breach

The theft of 342,000 ETH from the Upbit exchange in 2019 has been linked to North Korea, according to South Korea’s National Investigation Service. This was reported by The Block. This marks the first time the country’s authorities have connected the crime to the neighboring state. “[We] reached this conclusion based on a comprehensive analysis […]

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ForkLog 7 15.11.2024

South Korean Authorities Uncover Up to 600,000 KYC Violations at Upbit

South Korea’s Financial Intelligence Unit, part of the FSC, has identified between 500,000 and 600,000 potential violations of KYC procedures at the Upbit exchange, according to Maeil Business. Specifically, Upbit allegedly allowed users to open accounts using identifiers with blurred personal details such as names and registration numbers. The platform faces fines of 100 million […]

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ForkLog 11 17.04.2024

South Korean Won Surpasses Dollar in Crypto Exchange Turnover, Reports Kaiko

In the first quarter of 2024, the South Korean won surpassed the US dollar in total trading volume on Bitcoin exchanges, reaching $456 billion compared to $445 billion. These estimates were presented by Kaiko. Source: Kaiko. The last time such high activity was observed on South Korean cryptocurrency platforms was two years ago. The drivers […]

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ForkLog 11 28.12.2023

Korean traders pump Craig Wright’s Bitcoin fork

The price of Bitcoin SV (BSV) rose by around 50% over the past 24 hours. Trading activity is concentrated on the largest South Korean exchange Upbit.

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ForkLog 22 09.10.2023

Upbit records almost 160,000 hacking attempts in six months

In the first six months of 2023, the South Korean bitcoin exchange Upbit faced 159,061 hacking attempts. Yonhap reports.

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ForkLog 7 25.09.2023

Upbit Handles Fraudulent Aptos Tokens

On 24 September, Upbit users received fraudulent ClaimAPTGift tokens as part of an airdrop without submitting the corresponding request. The exchange's system treated the asset as Aptos (APT).

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ForkLog 6 15.05.2023

Raids at Upbit and Bithumb Over Suspicious Crypto Transactions by Deputy Kim Nam-kuk

South Korean prosecutors conducted raids and asset seizures at the offices of the Upbit and Bithumb bitcoin exchanges in connection with an investigation into suspicious transactions by National Assembly deputy Kim Nam-kuk.

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ForkLog 11 08.12.2022

WAVES Falls 12% as USDN Loses Peg to the US Dollar

Against the backdrop of the algorithmic stablecoin Neutrino USD (USDN) losing parity with the US dollar, the Digital Asset Exchange Alliance (DAXA) issued a warning to investors about risks associated with the Waves platform.

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ForkLog 9 14.06.2022

Upbit warns of risks tied to algorithmic stablecoins USDN and USDD

The South Korean exchange Upbit warned of price volatility risks for WAVES and TRON (TRX) due to the loss of the dollar peg by the algorithmic stablecoins Neutrino USD (USDN) and USDD.

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ForkLog 8 08.06.2022

Upbit to Delist Litecoin

One of South Korea's largest cryptocurrency exchanges, Upbit, warned users about the delisting of Litecoin (LTC) on June 20, 2022.

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ForkLog 8 23.05.2022

Bithumb and Upbit Move to Delist Litecoin After MimbleWimble Upgrade

Some of South Korea's largest cryptocurrency exchanges, Bithumb and Upbit, issued warnings to users regarding Litecoin (LTC) after the MimbleWimble Extension Block (MWEB) upgrade.

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