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Naver Financial will acquire Dunamu in a $10.3B stock-swap deal. The merger now awaits shareholder votes and key regulatory approvals. If successful, Upbit’s operator will become a wholly owned Naver subsidiary in 2026. Naver Financial has set the stage for one of South Korea’s largest fintech and crypto-related mergers, unveiling a stock-swap plan to fully acquire Dunamu, the company behind the country’s dominant crypto exchange, Upbit. Dunamu recently reported 10.4 trillion won in total assets and 4 trillion won in […]

Bolivia lets banks offer crypto services to counter inflation and dollar scarcity. Stablecoins gain traction in Bolivia as businesses and consumers hedge a weakening boliviano. Government pairs digital finance push with major new financing and tax reforms. Bolivia is turning to cryptocurrencies and stablecoins in a sweeping effort to stabilise an economy strained by high inflation, a widening fiscal deficit, and a persistent shortage of US dollars. The initiative is emerging as a central pillar of the government’s broader plan […]

Key takeaways XRP is up by less than 1% in the last 24 hours and is trading at $2.2 per coin. XRP ETFs continue to record inflows as institutions position for the next run. XRP ETFs continue to record inflows Ripple’s XRP is up by less than 1% in the last 24 hours and is currently trading above $2.2 per coin. The positive performance comes after XRP dropped below the $2.18 level on Wednesday. Interest in spot XRP ETFs continues […]

About 54 billion won in tokens moved to an external wallet on Nov. 27. Around 12 billion won in Solaire tokens have been frozen so far. The breach coincided with Dunamu’s major merger plans with Naver. Upbit, South Korea’s largest crypto exchange, is carrying out extensive security inspections after an early-morning breach on Nov. 27 led to unauthorised transfers of Solana-linked assets worth about 54 billion won. The exchange halted all deposits and withdrawals as it began moving digital assets […]