upbit Archives • Bitcoin Feed News

Cointelegraph / Korean Exchanges Struggle With Expansion Amid Uncertain Regulations

July 20, 2020 / cointelegraph

The lack of regulatory uncertainty in South Korea is causing major Korean cryptocurrency exchanges to lose international traders and turn their focus on the domestic audience. Speaking to Cointelegraph, a…

Cointelegraph / Upbit Hack’s $50M Funds Continue Moving After Hitting Binance

May 14, 2020 / cointelegraph

Crypto funds associated with Upbit’s $50 million hack in November 2019 have continued to move. Soon after hitting the world’s biggest crypto exchange, Binance, large sums of the stolen funds…

Coindesk / Binance Quashes Upbit Hackers’ Attempt to Launder Stolen Funds

May 14, 2020 / coindesk

Binance has frozen funds linked to the $49 million breach of the Upbit crypto exchange, as hackers tried to liquidate some of their ill-gotten gains. Most of the action around…

Bitcoinist / Crypto Criminals Are Still Trying to Dump Thousands of Ethereum From a 2019 Hack

May 14, 2020 / bitcoinist

In November, Upbit, a popular Korean crypto asset exchange, lost $50 million worth of Ethereum, 342,000 ETH coins, from the exchange hot wallet in a seeming hack. It was then…

Cointelegraph / Binance Freezes Funds Stolen From Upbit in Late 2019

May 13, 2020 / cointelegraph

An address associated with the $50 million hack of South Korean crypto exchange, Upbit, has moved some of the stolen Ethereum (ETH) to Binance. The world’s biggest exchange immediately froze…