The government is now very likely to crack down on exchanges – at least ter the form of fresh regulations.

Prosecutors te Seoul’s Gangnam district have raided the offices of Upbit, arguably the country’s largest cryptocurrency exchange toneel.

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Vanaf numerous reports from South Korea’s largest news agencies, prosecution officers stormed Upbit’s offices on May Ten and 11, seizing hard drives and accounting ledgers, with police suspecting Upbit has falsified official financial records.

Dubbed the UBCI (Upbit Crypto Index), the index will be measured from four market indices based on long-term transactional gegevens at the exchange by calculating standard values ter confidence intervals, Business Korea reports.

Korea’s largest cryptocurrency exchange has announced the launch of the country’s very first cryptocurrency index.

Upbit, a relatively fresh Korean crypto exchange that has quickly established itself spil the country’s thickest by trading volume, is launching the very first domestic cryptocurrency index te a bid to help crypto investors better understand overall market trends.

The only similar activity is seen with Cardano (ADA), where trading volumes are also near $150 million for the day.

XVG kept most of its price levels, but the days following the announcement may see another dip.

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Edge (XVG) went through another strong rally on the Asian markets, up more than 14% overnight, to $0.099, with a view to continued growth. The latest druppel ter Bitcoin also spotted XVG increase ter Satoshi value, within a reasonable distance of its BTC price record.

The toneelpodium provides a censorship-free outlet for movie creators and livestreamers by utilizing the InterPlanetary Opstopping System ( IPFS ), along with the CryptoNight protocol to prize content creators whenever their material is viewed.

BitTube ( TUBE ), formerly known spil IPBC , has gained broader recognition and the altcoin has bot added to beloved cryptocurrency exchanges Bittrex and Upbit on June Five, .

BTCManager very first covered IPBC (now known spil BitTube) ter early April , and the cryptocurrency has made substantial progress ter just a duo of months, including exchange listings and a better user practice overall.

Disclaimer: This is a third-party article.

Investigation of South Korea’s Largest Crypto Exchange Upbit Proceeds

Since the South Korean prosecution embarked investigating Upbit, the country&rsquo,s largest cryptocurrency exchange, more events have unfolded. While específico media still discuss allegations and raise questions about Upbit&rsquo,s business practice, some people believe that Upbit is already ter the clear.

Mobile Support Coming Soon Since April, the team has made sustained progress, implementing the YouTube migration, permitting anyone with a YouTube channel to set themselves up on the BitTube verhoging automatically, and adding more languages to voorkant Chinese, German, Spanish, and Russian.

BitTube (TUBE), formerly known spil IPBC, has gained broader recognition and the altcoin has bot added to beloved cryptocurrency exchanges Bittrex and Upbit on June Five, .

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BTCManager very first covered IPBC (now known spil BitTube) ter early April , and the cryptocurrency has made substantial progress te just a duo of months, including exchange listings and a better user practice overall.

TRON [TRX] Listed ter Upbit, Bithumb and IDAX The largest cryptocurrency exchange ter South Korea, Upbit, trades overheen than 200 altcoins and 110 types of token transactions spil they confirm their support towards the TRON blockchain migration on 22.05.2018.

The largest cryptocurrency exchange te South Korea, Upbit, trades overheen than 200 altcoins and 110 types of token transactions spil they confirm their support towards the TRON blockchain migration on 22.05.. The exchange wasgoed launched by the Kakao Corp Team with the help of Bittrex a year back.

Upbit wasgoed waterput under pressure last week by the financial investigation team, the FSC, and the FSS after the company wasgoed suspected of transferring customer funds from their cryptocurrency exchange account to the account of a representative or an executive.

We’re pleased that Evercoin Exchange has added Sways token.

The fresh additions to the Sways ecosystem include an instant exchange, an up-and-coming South Korean exchange and a peer-to-peer exchange based te the UK.

Swings announces its listing on no fewer than three fresh exchange services today: Evercoin, Upbit and Cryptomate.

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Evercoin is an instant exchange service based te Silicon Valley and founded by Talip Ozturk, who also created Hazelcast — an open source distributed database used by some of the largest financial services companies te the world.