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Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy and trading restrictions on the exchange. (Read More)
South Korean crypto exchanges Upbit and Bithumb have made headlines again today. Both of them come to an agreement to pay around $2.4 million to users as compensation. This is to cover the losses that incurred due to network outages on December 3, 2024, Martial day of South Korea. This
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