Friday, February 3

Tag: Korbit

The South Korean Crypto Exchanges To Compensate Investors For Their Loss In The Course Of Terra Collapse
Blockchain

The South Korean Crypto Exchanges To Compensate Investors For Their Loss In The Course Of Terra Collapse

As a result of Terra's collapse, the South Korean institutional and retail investors lose a huge amount of capital. The cryptocurrency exchange in South Korea met and announced the plan to compensate the investors in that region. Owing to the crash, the investor lost billions which led to the promise mentioned earlier by the cryptocurrency exchange which includes Upbit and Korbit. Read Also: Ethereum PoW Manifesto Reveals Their Plan To Abolish EIP-1559 As Merge Approaches And The Ethereum's Buterin Stands To Defend The Tornado Cash Read Also: Nigeria And Some Crypto-Restricted Regions Can Now Pay Their Utility Bills Via Cryptos Like BTC And ETH: Manila Finance The total compensation from both exchanges in May accounts for approximately $30 million. .blockspare-d803f580-9222...