South Korea’s largest crypto exchange Upbit will launch its own L1 blockchain, Giwa
Upbit, South Korea’s largest crypto exchange with a daily trading volume often exceeding $1 billion, is launching Giwa, its own Layer 1 blockchain, signaling a strategic shift to compete with global leaders like Ethereum and Solana, which handle thousands of transactions per second. The move follows South Korea’s 2021 crypto regulations requiring exchanges to comply […]
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