With the license, Upbit will now be able to offer digital payment token services to institutional investors. However, it still awaits a full MPI license from the MAS. Upbit, South Korea’s largest exchange in terms of volume, has achieved in-principle approval for a Major Payment Institution (MPI) license in Singapore through its Singapore entity. On…
Though Upbit quickly moved to halt deposits and withdrawals, that decision came after the fake APT token had already made its way into 400,000 Aptos wallets. Upbit, the largest cryptocurrency exchange in South Korea, has resumed withdrawals and deposits of the Aptos (APT) token. This follows an earlier decision by the exchange to freeze deposits…
Upbit noted that CRV has experienced increased volatility. South Korean exchange Upbit has halted trading of the Curve Finance (CRV) token after the project suffered a major exploit over the weekend. According to an Upbit announcement, the exchange temporarily halted CRV deposits and withdrawals to safeguard all transactions and protect users from potential losses. How…