DYORSWAP said it paid more than 200 ETH in compensation, while Upbit operator Dunamu’s GIWA warned that its mainnet had not launched.

An unidentified group of threat actors launched a fake L2 chain impersonating Giwa, a project backed by Upbit, identified by DYORSWAP, a multichain decentralized exchange. Over 760 ETH bridged to the chain were lost, and DYORSWAP announced a compensation process for affected users. Fake Giwa L2 Chain Deployment Scheme Causes Over 760 ETH in Losses […]

Crypto market making is effectively restricted under South Korea’s manipulation rules, but regulators are reconsidering the approach after a JPYC spiked on Upbit this month.

The FSC will review legalizing crypto market making after a yen stablecoin hit four times its peg on Upbit. Any change needs the Phase 2 law.

A counterfeit Ethereum layer 2 using Chain ID 9134 pulled in about 767 ETH from users who thought they were joining the Upbit-backed GIWA mainnet.

Scammers built a counterfeit version of Upbit-backed GIWA blockchain and lured 1,333 wallets into depositing 767 ETH, worth about $2 million, before draining almost all of it. The fake network appeared to be GIWA’s anticipated Ethereum Layer 2 mainnet, complete with an RPC endpoint, cross-chain bridge, and Chain ID 9134, the identifier associated with the […] The post Crypto scammers built an entire fake blockchain to steal over $2 million appeared first on CryptoSlate.

Crypto market making is effectively restricted under South Korea’s manipulation rules, but regulators are reconsidering the approach after a JPYC spiked on Upbit this month.

South Korea’s Financial Services Commission (FSC) says it is weighing the introduction of a regulated market-making system for digital assets after a

韓国の聯合ニュースは27日、韓国最大手の暗号資産（仮想通貨）取引所Upbit（アップビット）で、日本円ス

A yen-pegged stablecoin traded at 4x its value on Upbit. Now South Korea is rethinking the market-making rules that let it happen. Here's what changes next.

韓国の聯合ニュースは27日、韓国最大手の暗号資産（仮想通貨）取引所Upbit（アップビット）で、日本円ス

South Korea is considering changes to its regulatory framework to legalize crypto market makers, a move that could bring stability to the country's crypto markets and boost investor confidence. This development comes after the JPYC stablecoin traded

韓国の聯合ニュースは27日、韓国最大手の暗号資産（仮想通貨）取引所Upbit（アップビット）で、日本円ス

Upbit, Cash Cat (CASHCAT) için KRW, BTC ve USDT işlem çiftlerinde alım satım desteği başlatacağını duyurdu.

South Korea's regulatory reassessment could stabilize crypto markets, fostering investor confidence and potentially boosting market participation. The post South Korea weighs legalizing crypto market makers after JPYC trades at 4 times its peg on Upbit appeared first on Crypto Briefing.

GIWA has rejected claims that its mainnet RPC was leaked, saying the Ethereum Layer 2 community has not launched its mainnet.

Seoul's FSC plans a consolidated stablecoin and crypto bill while opposition lawmakers push to kill the 22% digital asset tax due in 2027.

韓国の暗号資産取引所Upbit（アップビット）で、日本円建てステーブルコイン「JPYC」を基準価格より10％以上高い価格で購入した投資家が、2万1219人に達し ... The post JPYC価格乖離、韓国投資家2.1万人が高値掴み──買付総額約280億円＝報道 first appeared on NADA NEWS（ナダ・ニュース）.