Korbit Bitcoin sale for operating costs in a modern Seoul office with financial data overlay.
Blockchain News

Korbit Bitcoin Sale: Strategic $2.4M Move to Cover Critical Labor Costs Revealed

Seoul, South Korea – February 2025: In a move highlighting the evolving financial strategies within the cryptocurrency sector, South Korean digital asset exchange Korbit has disclosed plans to liquidate approximately 3.2 billion won ($2.37 million) worth of Bitcoin to fund its operational expenditures, including employee salaries and associated labor costs. This planned Korbit Bitcoin sale, […]

FTC investigates Upbit operator Dunamu's headquarters in South Korea over unfair trade allegations.
Blockchain News

FTC Investigates Upbit Operator: The Shocking Dunamu Unfair Trade Probe Explained

Seoul, South Korea – February 2025: South Korea’s Fair Trade Commission (FTC) has launched a significant on-site investigation into Dunamu Inc., the prominent operator behind the Upbit cryptocurrency exchange. The probe, confirmed in early February, centers on serious allegations of unfair trade practices related to the exclusive trading of Dunamu’s own unlisted shares. This move […]

Binance exchange listing the ZAMA cryptocurrency token for spot trading on its platform.
Blockchain News

Binance Announces ZAMA Listing: A Strategic Move for Spot Trading

Global, March 2025: In a significant development for the digital asset market, Binance, the world’s largest cryptocurrency exchange by trading volume, has officially announced it will list ZAMA for spot trading. This move integrates a new digital asset into one of the most liquid trading environments globally, providing users with direct access to ZAMA’s markets. […]

Changpeng Zhao outlines Binance's survival-focused strategy amid global cryptocurrency regulation.
Blockchain News

Survival First: CZ Declares Binance’s Pivot from Growth to Regulatory Endurance

Global, April 2025: In a candid and revealing Ask-Me-Anything session, Binance founder Changpeng “CZ” Zhao delivered a sobering message that signals a profound strategic shift for the world’s largest cryptocurrency exchange. The core directive is no longer aggressive expansion but fundamental survival. This pivot underscores the immense pressure global regulatory bodies are placing on the […]

Bybit exchange lists ZAMA cryptocurrency for spot trading, expanding digital asset market access.
Blockchain News

Bybit Announces Strategic ZAMA Listing for Spot Trading

Singapore, March 2025: Global cryptocurrency exchange Bybit has officially announced the upcoming listing of ZAMA for spot trading on its platform. This strategic move expands Bybit’s extensive digital asset portfolio and provides traders with direct access to another emerging cryptocurrency. The listing represents a significant development in the exchange’s ongoing efforts to diversify its market […]

Backpack exchange token unlock distribution showing 25% supply release at token generation event with cryptocurrency visualization
Blockchain News

Backpack Token Unlock: 25% Supply Release at TGE Signals Major Distribution Shift

Global, April 2025: Backpack, the cryptocurrency exchange founded by former FTX and Alameda Research developer Armani Ferrante, has announced a significant token distribution strategy that will see 25% of its total token supply unlocked at its upcoming Token Generation Event (TGE). This substantial initial release represents a departure from traditional token launch models and signals […]