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Upbit and Bithumb to Delist DRIFT

According to an official announcement, Upbit and Bithumb have stated that member companies of the Korea Digital Asset Exchange Association (DAXA) plan to terminate trading support for DRIFT. The reason for terminating DRIFT trading is that the foundation’s explanatory materials alone are insufficient to alleviate concerns that led to the project’s inclusion on the “Trading Caution List.” Furthermore, after a comprehensive review of all aspects related to the project’s progress, it was determined that the project fails to meet the criteria required to maintain trading support. DRIFT trading (buy/sell) will end on June 1, 2026, at 16:00 KST. Support for DRIFT withdrawals will be terminated on July 1, 2026, at 16:00 KST.

Upbit to List MEGA/KRW, MEGA/BTC, and MEGA/USDT Trading Pairs

According to the official announcement, Upbit will list MEGA trading pairs against KRW, BTC, and USDT.

Upbit will list MEGA/KRW trading pair

According to an official announcement, Upbit will list the MEGA/KRW trading pair.

Korea's National Tax Service launches preparatory work for virtual asset taxation, targeting implementation in January of next year

the Korea National Tax Service has initiated preparatory work for virtual asset taxation, with the goal of formal implementation in January 2027 and preparation for comprehensive income tax filings in May 2028. According to the current Income Tax Act, income from the transfer and leasing of virtual assets will be classified as "other income," subject to a 22% tax rate on the portion exceeding an annual gain of 2.5 million Korean won, which is expected to affect approximately 13.26 million individuals.The Korea National Tax Service plans to begin collecting data from exchanges such as Upbit, Bithumb, Coinone, Korbit, and Gopax starting next year, to improve the taxation infrastructure and promote the launch of a comprehensive virtual asset analysis system within the year. However, controversies surrounding taxation standards and the risk of capital flight persist. (Edaily)

Upbit to List BLEND KRW, BTC, and USDT Trading Pairs

According to official sources, Upbit will list BLEND KRW, BTC, and USDT trading pairs.

Upbit to List BLEND/KRW, BLEND/BTC, and BLEND/USDT Trading Pairs

According to the official announcement, Upbit will list BLEND/KRW, BLEND/BTC, and BLEND/USDT trading pairs.

Upbit to List PRL/KRW, PRL/BTC, and PRL/USDT Trading Pairs

According to the official announcement, Upbit will list PRL/KRW, PRL/BTC, and PRL/USDT trading pairs.

Upbit to List XCN/KRW and XCN/USDT Trading Pairs

According to the official announcement, Upbit will list XCN/KRW and XCN/USDT trading pairs.

Wang Chun said he regretted selling 83.7 million SPK tokens last year; SPK surged up to 73% in the past 24 hours.

According to on-chain analyst Ai Aunt (@ai9684xtpa), Wang Chun, co-founder of F2Pool, stated this morning at 07:21 that he sold 83.7 million SPK tokens last year and is now “somewhat regretful.” Subsequently, Upbit officially announced the listing of SPK at 10:20, and Spark announced at 20:06 that the total staked SPK supply had exceeded 500 million tokens. Market data shows SPK surged up to 73% within 24 hours and topped Binance’s gainers list.

Upbit to List SPK/KRW Trading Pair

According to the official announcement, Upbit will list the SPK (Spark)/KRW trading pair.

Upbit to List CHIP/KRW Trading Pair

According to the official announcement, Upbit has listed USDAI (CHIP) trading pairs against the Korean won, Bitcoin, and USDT.

Upbit to List PIEVERSE/KRW, PIEVERSE/BTC, and PIEVERSE/USDT Trading Pairs

According to the official announcement, Upbit will list PIEVERSE trading pairs against KRW, BTC, and USDT.

Circle CEO: Has Expanded Collaboration with Dunamu and Bithumb to Advance Digital Asset and Stablecoin Adoption in Korea

Circle CEO Jeremy Allaire stated that Circle has expanded its collaboration with Dunamu—the operator of Upbit—to support the compliant adoption of digital assets, and broadened its partnership with Bithumb to strengthen stablecoin infrastructure and raise market awareness of stablecoins. Allaire noted that South Korea is rapidly advancing regulation for stablecoins and digital assets, and that local cryptocurrency adoption rates are high. During his time in Seoul, he also met with representatives from KakaoGroup, Coinone, Hashed, Shinhan Bank, KB Financial Group, and Woori Bank.

Aethir Prevents Cross-Chain Bridge Vulnerability Attack and Promises Compensation

Decentralized GPU cloud computing infrastructure platform Aethir confirmed that its Ethereum-related bridge contract was attacked. The team promptly disconnected the affected contract and, in collaboration with major exchanges, blacklisted the hacker’s wallet, limiting losses to under $90,000. Earlier, blockchain security firm PeckShield estimated losses at $400,000. The attacker exploited Aethir’s cross-chain smart contract, AethirOFTAdapter, to transfer stolen funds from BNB Chain to Tron. Aethir stated that its Ethereum mainnet ATH token supply remains unaffected. It plans to release a detailed compensation plan and incident analysis next week and will collaborate with exchanges including Binance, Upbit, and Bithumb to freeze funds. Web3 security platform ZeroShadow is assisting with the investigation. In 2025, Aethir achieved $127.8 million in revenue and deployed over 440,000 GPU containers globally.