Tag: Dunamu

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Hana Financial Group Chairman Ham Young-joo speaks in a ceremony held to reinforce the group's commitment to financial consumer protection at the Hana Bank in central Seoul on Feb. 12. [HANA FINANCIAL GROUP]

Hana Financial to become No. 4 shareholder in Dunamu, operator of Korea’s largest crypto exchange

Hana Financial Group is investing 1 trillion won ($670 million) in Dunamu, the country’s largest crypto exchange operator, to become its fourth largest shareholder, as the financial company seeks to push digital innovation.

2026.5.15

Hana Financial Group Vice Chairman Lee Eun-hyung, left, Posco International CEO Lee Kye-in, center, and Dunamu CEO Oh Kyoung-suk pose for a photo during a ceremony marking their partnership in central Seoul on April 29. [HANA FINANCIAL GROUP]

Hana Financial, others team up on overseas money transfer service powered by blockchain

Hana Financial Group, Posco International and the crypto exchange operator Dunamu signed an agreement on Wednesday to jointly develop blockchain-based, real-time cross-border money transfer services for global trade firms.

2026.4.29

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Hana Financial Group Vice Chairman Lee Eun-hyung, right, and Dunamu CEO Oh Kyoung-suk pose for a photo after signing an agreement that will see the firms jointly develop financial services using blockchain technology at Hana Financial Group's office in Myeong-dong, central Seoul, on Dec. 3. [HANA FINANCIAL GROUP]

Hana Financial Group, Dunamu to co-develop blockchain services, including overseas remittance system

Hana Financial Group said Thursday it had signed an agreement with crypto exchange operator Dunamu to jointly develop financial services using blockchain technology, including an overseas remittance system expected to speed up cross-border payments.

2025.12.4

The price of Bitcoin is displayed on an electronic board at Upbit’s customer center in Gangnam District, southern Seoul, on Nov. 5. [NEWS1]

North Korean fingerprints on $30 million hack of South Korea's largest cryptocurrency exchange, says Seoul

Regulators are investigating a 44.5 billion won ($30 million) hack at Upbit, Korea’s largest cryptocurrency exchange, and say early evidence points to Lazarus, the North Korean hacking unit blamed for major digital heists worldwide.

2025.11.28

From left, Naver Pay CEO Park Sang-jin, Naver CEO Choi Soo-yeon, Naver Chairman Lee Hae-jin, Dunamu Chairman Song Chi-hyung and Dunamu CEO Oh Kyung-seok attend a joint press conference to explain the reasons for Naver Financial's acquisition of Dunamu at Naver's headquarters in Seongnam, Gyeonggi, on Nov. 27. [NAVER]

Naver, Dunamu to invest over $6.8 billion to drive global expansion into Web3 market

Naver and Dunamu will invest over 10 trillion won ($6.8 billion) through Naver’s fintech arm over the next five years to drive their expansion into the global Web3 market.

2025.11.27

Visitors look at Naver Pay’s payment system at its booth at the aT Center in Seocho District, southern Seoul, on Nov. 26. [NEWS1]

Naver Financial to acquire crypto exchange operator Dunamu as wholly owned subsidiary

Naver Financial, the fintech subsidiary of Korea's leading portal operator Naver, on Wednesday decided to acquire Dunamu, the operator of the country's largest cryptocurrency exchange Upbit, as a wholly owned subsidiary, the company said.

2025.11.26

Logos for Dunamu and Naver Financial [EACH COMPANY]

Naver coy on plans to take over Upbit

Dunamu, the operator of crypto trading platform Upbit, is reportedly merging with Naver Financial to become a wholly-owned subsidiary of the Korean tech company. Naver neither confirmed nor denied the news.

2025.9.25

Dunamu CEO Oh Kyoung-suk gives a speech at the Upbit D Conference (UDC), held at the Grand InterContinental Seoul Parnas in Gangnam District, southern Seoul, on Tuesday. [DUNAMU]

Embrace crypto or else, Eric Trump, Dunamu CEO Oh Kyoung-suk warn at blockchain conference in Seoul

Dunamu CEO Oh Kyoung-suk urges regulatory easing for cryptocurrency in Korea, advocating for competitive positioning during the blockchain revolution, citing the need for stablecoin legislation and enhanced market participation.

2025.9.9

World Vision becomes first nonprofit to sell crypto for Korean won

World Vision Korea became the first nonprofit to sell cryptocurrency in won, following new regulations from the Financial Services Commission allowing nonprofits to liquidate donations.

2025.6.1

The price of Bitcoin is displayed on a screen at the Upbit Lounge in Gangnam District, southern Seoul, on Nov. 21, 2024. [NEWS1]

Crypto exchange Upbit hit with operating suspension over antimoney laundering lapse

The government has slapped a partial business operations ban on cryptocurrency exchange Upbit over its failure to comply with antimoney laundering obligations.

2025.2.25