South Korea reviews Hana Bank’s Dunamu stake under banking rules: Report
South Korea’s FSC is reportedly reviewing Hana Bank’s $668 million Dunamu stake under “banking-commerce separation” rules that limit bank ownership tied to crypto firms.
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Dunamu's profit drop highlights the vulnerability of crypto exchanges to market fluctuations, emphasizing the need for diversified revenue streams. The post Upbit operator Dunamu reports 78% profit drop amid cooling crypto market appeared first on Crypto Briefing.
Read full articleSouth Korea’s FSC is reportedly reviewing Hana Bank’s $668 million Dunamu stake under “banking-commerce separation” rules that limit bank ownership tied to crypto firms.
South Korea’s FSC is reviewing Hana Bank’s $668M Dunamu stake under bank-commerce rules as finance firms push deeper into crypto assets now.
Ethereum price continued moving lower on Monday as rising macroeconomic uncertainty, weakening institutional demand, and growing exchange inflows pressured the broader crypto market. According to data from crypto.news, Ethereum (ETH) price fell more than 5% over the past 24 hours…
TRAC rose after Upbit listed OriginTrail with KRW, BTC and USDT pairs. CoinGecko showed a 39.4% gain and $38.6M 24h volume.
Upbit listing sparked TRAC’s sharp liquidity-driven rally. OriginTrail (TRAC) broke above major EMAs with strong bullish momentum. The key support at $0.351 may decide the next price direction. OriginTrail (TRAC) posted one of the strongest performances in the crypto market on May 18, sending the token sharply higher even as broader digital assets faced downward […] The post OriginTrail (TRAC) jumps over 75% on Upbit listing: here’s how high it could go appeared first on CoinJournal.
The crypto market remained under heavy pressure on Monday as escalating geopolitical tensions, surging oil prices, sticky U.S. inflation data, and a massive wave of leveraged liquidations weakened investor sentiment across digital assets. The total cryptocurrency market capitalization fell roughly…
Upbit's TRAC listing enhances global trading efficiency, potentially boosting liquidity and investor interest in decentralized data solutions. The post Upbit adds OriginTrail TRAC for trading in KRW, BTC, USDT markets starting May 18 appeared first on Crypto Briefing.
The rapid liquidation highlights the risks of high leverage in crypto trading, potentially leading to increased market volatility and investor caution. The post Over $600M liquidated from crypto market in a single hour as leveraged longs get wiped out appeared first on Crypto Briefing.