Korbit
Korbit fined $1.9 million for anti money-laundering, customer verification breaches
The South Korean regulator slapped Korbit with a compliance penalty as the crypto exchange conducts talks to be bought by Mirae Asset.

South Korean financial group Mirae Asset eyes crypto exchange Korbit acquisition: report
The financial group is in talks to acquire a 92% stake in Korbit for a as much as 140 billion won ($97 million).

Bybit Said to Be in Talks to Buy South Korean Exchange Korbit: Report
A Bybit spokesperson said the talks, reported by South Korea’s Maeil Business Newspaper, are “not within our knowledge.”

XRP Trading Volumes Spike to Billions of Dollars on South Korean Crypto Exchanges
Trading volumes for XRP spiked to billions of dollars on UpBit, Bithumb and Korbit, three of Korea’s top exchanges by volume, on the back of the token's 26% rise in the past week. CoinDesk Executive Director of Global Content Emily Parker explains the driving force behind the surge. Plus, new insights on the potential crypto regulatory framework happening in Hong Kong.

SK Telecom Spinoff Acquires $75M Stake in Crypto Exchange Korbit: Report
SK Square has become Korbit’s second-largest shareholder behind NXC, the owner of video game company Nexon.

SpaceChain Shoots Blockchain to Space; Cardano’s Bridge to China
Singapore startup SpaceChain will send its blockchain tech to the International Space Station aboard Falcon 9. Cardano announces its first cross-chain bridge with China’s Nervos Network. Indian cryptocurrency exchange WazirX and Korbit in South Korea launch, their nation's first NFT platforms. We’ll have more on that story – and other news shaping the cryptocurrency and blockchain world – in this episode of The Daily Forkast, June 2.

Crypto Exchange Korbit Launches South Korea's First NFT Marketplace
All transactions on the platform will be carried out in ethereum.

Korean Crypto Exchange Korbit Halting Deposits from Non-Citizens
South Korea's Korbit exchange has informed users that non-citizens will soon not be able to deposit Korean won for trading.

Gaming Firm to Buy $80 Million Stake in Korean Bitcoin Exchange Korbit
Gaming firm Nexon has agreed to buy a majority stake in South Korea's Korbit cryptocurrency exchange for roughly $80 million.

Korean Bitcoin Startup Korbit Nets $3 Million in Series A Funding
Seoul-based bitcoin multi-services company Korbit has announced $3m Series A funding from some major venture capital investors.

