In South Korea, cryptocurrency trading volumes have seen a notable increase of 7.7% since early 2023, capturing 12.9% of the worldwide total. Leading this trend is Upbit, a dominant player in South Korea's market.
Taipei-based Kronos Research, a prominent trading firm and market maker, faced a significant security breach. Hackers accessed the firm's API keys, leading to an estimated loss of $25 million in ether, as reported by blockchain researcher ZachXBT.