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Bitfinity Secures £7M Investment for Bitcoin Sidechain on ICP

Bitfinity's £7 million investment for its Bitcoin sidechain on ICP signals a transformative step in web3 infrastructure. With the introduction of the Bitfinity EVM and innovative Chain-Key technology, Bitfinity aims to revolutionize Bitcoin's efficiency and accessibility, expanding its role in the decentralized finance landscape. As the platform evolves, integrating Taproot assets and creating on-chain indexers, Bitfinity emerges as a key player shaping the future of digital finance. However, challenges lie ahead as the industry navigates complexities associated with security and scalability.

Upbit Secures Full Licensing for Crypto Operations in Singapore

Upbit achieves regulatory success in Singapore, securing an MPI license to expand crypto services. Singapore's clear regulatory framework cements its status as a global crypto hub. Despite this win, challenges in the evolving regulatory environment may impact future operations.

DFINITY and SingularityNET Forge Pioneering Partnership for Decentralised AI on ICP Blockchain

DFINITY Foundation and SingularityNET collaborate to advance decentralised AI infrastructure on the Internet Computer (ICP) blockchain. The partnership aims to bring the benefits of decentralised AI services to the developer community and humanity at large.

50% Explosion As Upbit Lists MINA for KRW Trading [Updated]

Upbit's new KRW trading pair for MINA led to a 50% price surge in 24 hours.

How Upbit Manages Risk and Why It Succeeds Where Others Fail

But perhaps because it is always subject to attacks, and with a $50 million exploit in 2019 looming over their heads, Upbit's approach towards security and risk is more prudent than most.

Upbit Singapore Obtains Initial Licence Approval From Singapore’s Regulators

South Korean crypto exchange Upbit granted initial licence approval from the MAS for a major payment institution licence under the Payment Services Act.

Upbit's Battle Against 159,000 Network Attacks

Upbit fortifies security measures after enduring 159,000 network attacks in response to escalating threats.

Upbit Temporarily Halts Services Amidst APT Token Scam

South Korea's UpBit Hits Pause: Withdrawals Frozen Amidst Scam Token Frenzy

A deceptive token masquerading as a legitimate version of Aptos briefly disrupted operations on Upbit, specifically affecting the APT token; it has since announced the resumption of services for the token.

Upbit owner Dunamu could see 'monopoly' curbed after investment controversy

The Upbit operator is under heavy scrutiny from local regulators as its total assets balloon and a subsidiary issued controversial investment advice.