Korean Authorities Claim Binance Partially Complied in Freezing Upbit Hack Funds
Korean authorities claim Binance only partially froze Upbit hack funds, raising concerns about asset recovery in crypto.
Upbit
Inside South Korea’s crypto shock: Upbit announces 99% cold-storage security overhaul
Upbit’s 99% cold-storage security overhaul reflects South Korea’s evolving crypto landscape amidst regulatory pressures.
Upbit to store majority of customer assets in cold wallets
Upbit enhances security by increasing cold wallet storage to 99%, reflecting a significant industry trend towards asset protection.
Upbit Moves Most User Funds to Cold Storage After $30M Hot Wallet Hack
Upbit’s shift to cold storage post-hack highlights security trends and regulatory implications in the crypto market.
Upbit to Raise Cold Wallet Ratio to 99% Amid Liquidity Concerns
Upbit’s increase to 99% cold wallet storage highlights a critical shift towards enhanced security in cryptocurrency exchanges.
South Korea Pushes No-Fault Liability After Upbit Hack
South Korea’s proposed no-fault liability rules for crypto exchanges aim to enhance consumer protection post-Upbit hack.