Samsung trio to acquire $408 million stake in crypto giant Dunamu from Kakao

The post Samsung Securities Acquires 2% Stake in Upbit Parent Dunamu appeared on BitcoinEthereumNews.com. Key Highlights Samsung Securities will invest nearly $204 million to acquire a 2% stake in Upbit parent company Dunamu. Upbit currently controls over 80% of South Korea’s crypto exchange market and reportedly serves more than 10 million users. The deal comes as South Korea expands crypto regulation and opens the door for greater institutional participation in digital assets. Upbit:- In a major crypto acquisition update, Samsung Securities has announced plans to acquire a 2% stake in Dunamu. Dunamu is the parent company of South Korea’s largest cryptocurrency exchange Upbit. According to local reports and company disclosures, Samsung Securities approved the investment through a board resolution. It will invest approximately 306.3 billion won (around $204 million) to purchase nearly 697,000 shares in Dunamu. The transaction values Dunamu at approximately 15.3 trillion won, or roughly

Samsung's investment in Dunamu could solidify Upbit's dominance in South Korea's crypto market, potentially paving the way for a Dunamu IPO. The post Samsung invests $408 million in Korea’s largest Bitcoin exchange parent company Dunamu appeared first on Crypto Briefing.

Base's expansion into Malaysia could catalyze regional blockchain innovation, fostering a vibrant ecosystem and enhancing global crypto collaboration. The post Base opens Builder’s Loft in Malaysia to support local developers appeared first on Crypto Briefing.

The payments-focused blockchain Tempo has settled 3.9M transactions across 177K addresses since mainnet launch in March, with stablecoin supply exceeding $25M and full Dune Analytics integration live.

The launch of OTL could significantly enhance global scalability and interoperability in digital finance, reducing operational complexities. The post Fireblocks, Robinhood, MetaMask join crypto giants to launch Open Transaction Layer appeared first on Crypto Briefing.

Samsung Securities, SDS and Card will buy 4% of Dunamu as Korean firms prepare for tokenized securities and stablecoin frameworks.

Software developers face prosecution risk just for publishing code if CLARITY Act fails. Democrats may withhold support without ethics rules banning officials from crypto trading. CLARITY Act competes for June floor time with housing, farm bill, and FISA deadline. United States Senator Cynthia Lummis warned that domestic blockchain innovation could be put at risk in […] The post Cynthia Lummis Says Crypto Could Suffer Without CLARITY Act appeared first on Live Bitcoin News.

CRISP's introduction could revolutionize digital voting by enhancing privacy and security, potentially reshaping democratic processes globally. The post Interfold introduces CRISP for secure, privacy-preserving voting on blockchain appeared first on Crypto Briefing.