South Korea crypto exchange

Crypto Exchange Upbit Handles 80% Korean Trading Volume

April 26, 20242 weeks ago CoinCap 0 Comments Bitcoin, Bithumb, Cardano, Chainlink, Crypto, Crypto Adoption, Crypto Exchange Upbit, Crypto News, Cryptocurrency, DeFi, korean won, Lend, South Korea crypto exchange, South Korea crypto regulation, Tezos, Tron, Upbit, VEChain

A recent report revealed that the South Korean exchange Upbit dominates the local crypto market with over 80%. Additionally, Upbit rose to fifth place in the top five global exchanges list.

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South Korean Crypto Exchange CEO Gets 7 Years For $7.5 Million Fraud

February 7, 20243 months ago CoinCap 0 Comments Bitcoin, Bitsonic crypto exchange, Cardano, Chainlink, Crypto, Crypto News, Cryptocurrency, DeFi, Jinwook Shin, Lend, South Korea crypto exchange, Tezos, Tron, VEChain

In a blow to the South Korean cryptocurrency industry, the CEO of major exchange Bitsonic, Jinwook Shin, has been sentenced to seven years in prison for operating a sophisticated fraudulent scheme totaling 10 billion won, approximately $7.6 million.