Upbit
Upbit is a South Korean cryptocurrency exchange founded in 2017. It is operated by Dunamu. Upbit was the first cryptocurrency exchange licensed under South Korea's new virtual asset regulations.
Key facts
- Launch
- Launched in South Korea on October 24, 2017source
- Licensing
- First cryptocurrency exchange licensed under the new regulations, which began in September 2021source
- Hack
- 342,000 Ethereum tokens stolen in November 2019source
- Naver Financial plan
- In November 2025, Naver Financial announced its plan to acquire Dunamu, the parent company of Upbitsource
- Dunamu CEO
- Oh Kyoung-suk assumed the role of CEO effective July 1, 2025, succeeding Lee Sirgoosource
WYDE coverage of Upbit
WYDE Newsroom has published 2 articles about Upbit, from Jul 4, 2026 to Jul 12, 2026. Upbit is a critic in 1 story and the subject of 1 story. The most recent is Swift's banking network turned on its blockchain, Circle became a bank, and an XRP windfall gave away $154 million. Over 60,000 meals..
Swift's banking network turned on its blockchain, Circle became a bank, and an XRP windfall gave away $154 million. Over 60,000 meals.
WYDE Weekly: Swift's live ledger with 17 banks, Circle and Sony's OCC charters, the $1.4 trillion Meta demand, a revived 45 million hunger warning, and Rippleworks' record $154 million grant year.
Jul 12, 2026 · 7 min read · Critic
Crypto & DeFiSamsung and Upbit Push Back on Open USD's 140-Firm Consortium Claims
Samsung says it never held formal talks with Open Standard, Upbit denies any issuance role, and Dunamu, Shinhan Bank, and K-Bank say they are still only reviewing the OUSD stablecoin proposal.
Jul 4, 2026 · 2 min read · Subject of the story
Reported alongside Upbit
- Circle · in 2 stories with Upbit
- Samsung Electronics · in 2 stories with Upbit
- Aleph Neuro · in 1 story with Upbit
- Alibaba · in 1 story with Upbit
- Anthropic · in 1 story with Upbit
- Bezos Earth Fund · in 1 story with Upbit
- Block · in 1 story with Upbit
- BonkDAO · in 1 story with Upbit
Sources
Track the institutions that move money.
Data-driven coverage, every week.