Upbit Secures Top Spot in Global Crypto Trust Rankings
Upbit Ranks First in South Korea, Seventh Globally in Trustworthiness Upbit Named ‘Most Trustworthy (ˈmōst ˈtrəstˌwərt͟hē) Crypto (ˈkriptō) Exchange (iksˈCHānj) in South Korea (ˈsouTH kəˈrēə)’ by Forbes (fôrbz) Upbit has been recognized (ˈrekəɡˌnīzd) as the most trustworthy crypto exchange (iksˈCHānj) in South Korea by Forbes, ranking (ˈraNGkiNG) first domestically (dəˈmestək(ə)lē) and seventh (ˈsevənTH) globally (ˈɡlōbəlē) […]
Upbit NFT Reveals Exclusive NFT Drop Featuring Korean Art Icons
pbit NFT Launches Real-World Linked NFT Drop for Korean Art Masters Upbit NFT introduces (ˈintrəˌd(y)o͞os, introduce ˈintrəˌd(y)o͞os) Real-World (ˈrē(ə)l ˌwərld) Linked (liNGkt) NFT Drops (dräps, drop dräp) Featuring (ˈfēCH(ə)riNG, feature ˈfēCHər) Works (wərks, work wərk) by Lee (lē) Jung-seob, Kim Whanki, and Lee Ufan Upbit NFT is launching (ˈlônCHiNG, launch lônCH) a special (ˈspeSHəl) drop […]
Corporate Virtual Asset Trading Allowed with AML Measures
Government to Gradually Permit Corporate Virtual Asset Transactions The government is pushing forward with a plan to gradually allow corporate participation in the virtual asset market. On the 13th, the Financial Services Commission (FSC) held the 3rd “Virtual Asset Committee” meeting at the Government Complex in Seoul, where they finalized discussions on the roadmap for […]
Bithumb Joins PUBG Nations Cup 2024 as Official Sponsor
Bithumb Sponsors PNC 2024 Esports Event, Engaging with PUBG Fans Bithumb announced on September 5th that it will participate as an official sponsor of the PUBG Nations Cup (PNC) 2024, the international esports competition for PUBG: Battlegrounds. PNC 2024 will feature national teams from 16 countries competing for the title of the world’s best PUBG […]
Meritz Innovates Travel Insurance with Blockchain Technology
Blockchain-Powered Travel Insurance Service Launched by Meritz Meritz Fire & Marine Insurance has partnered with a blockchain technology company to enhance customer convenience for those purchasing travel insurance ahead of the summer vacation season. On August 2nd, Meritz Fire & Marine Insurance (CEO Kim Joong-hyun) announced that it has signed an Open API partnership agreement […]
WEMIX NFT Trading Revolution, ‘NFT Proposal’ Released
WEMIX Innovates Character Trading with NFT Proposal Wemade blockchain platform WEMIX announced on August 27th the launch of a new “NFT Proposal” feature in their game “Night Crows.” This innovative feature, a first in the global Web3 industry, allows players to convert their game characters into NFTs and present them to potential buyers in the […]
MovieBloc Launches ‘MBL-i Campaign’ to Support Creators
MovieBloc Expands Film Production Support with ‘MBL-i Campaign’ MovieBloc announced on August 26th the launch of the “MBL-i Campaign,” a support initiative aimed at creators. This campaign is designed to provide more opportunities for short and independent filmmakers to showcase their work to the world. MovieBloc has previously supported numerous creators by funding short film […]
Upbit Introduces Automated Crypto Purchase Service
Upbit Launches ‘Coin Savings’ Automatic Investment Service The Dunamu, the operator of Upbit, announced on August 16th the launch of a new service called “Coin Savings,” which allows users to automatically purchase cryptocurrencies based on pre-set conditions. This service enables users to buy assets like Bitcoin, Ethereum, and Ripple on a daily or weekly basis, […]
FSS Warns of Surge in Fake Crypto Operators
FSS Issues Warning on Fraudulent Crypto Operators The Financial Supervisory Service (FSS) has issued a warning to consumers regarding the rise of scams involving fraudulent cryptocurrency operators who are exploiting the recent closure of some crypto businesses. The enforcement of the “Act on the Protection of Cryptocurrency Users” in July 2024 has led to the […]
Tether Stablecoin Set to Integrate with Aptos Network
Tether Stablecoin USDT to Launch on Aptos Blockchain Tether Operations Limited, the company behind Tether (USDT), announced on August 19, 2024, that it will soon launch its U.S. dollar-pegged stablecoin, Tether tokens (USD₮), on the Aptos blockchain. This integration is part of Tether’s broader strategy to enhance the accessibility and utility of digital currencies globally, […]