Apr 02 2024
Bithumb briefly reached an all-time high market share of 72% in early February compared to its main competitor, Upbit. The latest development surfaces amid intensifying crypto trading activity in South Korea, particularly with the surge in Bitcoin trading. Upbit and Bithumb, the top exchanges in the country, both saw their trading volumes peak during the …
Mar 02 2024
Manta Network (MANTA) has found itself entangled in a controversy surrounding allegations of money laundering. The controversy emerged when DeFi enthusiast Definalist took to Twitter, suggesting potential misconduct by Manta Network on the day of its Bithumb listing. Two million MANTA tokens were transferred to the personal wallet of Manta’s Korean Business Development (BD) representative. …
Oct 13 2023
Upbit, a South Korean cryptocurrency exchange, faced over 159,000 hacking attempts during the first half of 2023. This figure represents a significant surge, with a 117% rise compared to the same period in 2022. Upbit is one of South Korea’s largest cryptocurrency exchanges, boasting an impressive 24-hour trading volume of approximately $1.2 billion. Other significant …