Bitcoin Boosts with Samsung’s $445M Investment
Samsung invests $445 million in Dunamu, acquiring a 4% stake to enhance its digital asset strategy, focusing on stablecoins and tokenized securities. #Update #Crypto $USDT
Upbit
Upbit Stake Launches New Venture Deals
From May 9 to May 16, 2026, $675 million was invested in Dunamu, Upbit’s parent company; Elliptic raised $120 million; Circle’s Arc token presale netted $222 million. #Update #Crypto $BTC
Hana Bank Acquires 6.55% of Dunamu
Hana Bank will acquire a 6.55% stake in Dunamu, Upbit’s parent, for $670M by June 15, marking the largest Korean bank investment in digital assets. #Breaking #Finance
XRP Embraces Internet of Value Revolution
XRP liquidity shifts as Upbit surpasses Binance and Coinbase in trading volume, signaling regional trader interest. Analyst notes regulatory clarity could boost XRP’s role in the Internet of Value. #Update #Crypto $XRP
Ethereum Layer-2 Token AZTEC Surges 82%
Aztec ($AZTEC) surged 82% to $0.035 after listings on South Korean exchanges Upbit and Bithumb, attracting KRW-denominated buying in a thin market. #Update #Crypto $AZTEC
Upbit Eliminates 100% of Hot Wallet Assets
@Upbit has eliminated hot wallet asset allocation to zero, shifting all user assets to cold storage after a $30M breach. This move prioritizes user security amid rising cyber threats. #Update #Crypto
Polymarket Launches Amid Upbit Hack Crisis
Bitcoin surged near $92,000 amid speculation of Federal Reserve interest rate cuts, while Texas endorsed cryptocurrency with a $10 million Bitcoin purchase. #Update #Crypto $BTC
Upbit Covers 5.9B-Won Hack Losses
South Korea’s largest exchange, @Upbit, lost 5.9 billion won ($4M) in a hack, reimbursing users 38.6 billion won from reserves; authorities suspect North Korea’s Lazarus group. #Breaking #Crypto $UPBIT
Upbit $30M Hack Tied to North Korea
Upbit, South Korea’s largest crypto exchange, faces scrutiny after a $36.9M hack linked to North Korea’s Lazarus Group. Assets frozen; investigation ongoing. #Breaking #Security $SOL
Crypto Giant Naver Upbit Launches $13B Venture
@Naver and @Dunamu merge in a $13.6B deal to create a fintech ecosystem integrating digital payments, crypto trading, and AI services, paving the way for stablecoins and tokenized assets. #Update #Crypto $BTC $ETH
Dunamu Launches Layer-2 Blockchain GIWA
@Dunamu launched its Web3 infrastructure brand GIWA, featuring GIWA Chain (layer-2 blockchain) and GIWA Wallet, at the Upbit Developer Conference in Seoul to enhance blockchain accessibility for developers. #Update #Crypto $ETH
Crypto Exchange Upbit Boosts Altcoin Rally
@Upbit lists $WCT on the Optimism network, causing a 34.6% price surge to $0.42 with a market cap of $79.13M #Update #Crypto $WCT (+4) ↗
XRP Surge: Korea’s Influence Unveiled
A crypto analyst highlights South Korea’s significant role in $XRP’s price strength due to high trading volume and adoption, despite regulatory challenges elsewhere. #Update #Crypto $XRP (+3) ↗
AI Altcoin Soars on Korean Exchange
@KaitoProtocol’s $KAITO surged over 45% after listing on South Korea’s largest crypto exchange, Upbit, stabilizing at $1.76 with a market cap of $426.8M. #Update #Crypto $KAITO (+6) ↗