Why dunamu Is Trending Today?

Dunamu, the parent company of Upbit, has reported a net profit of $165 million in the third quarter, marking a 300% increase year-on-year.

Dunamu, the operator of Upbit, a major cryptocurrency exchange, saw a significant increase in its profit during the third quarter of 2021. The company's profit soared by over 300% year-over-year, reaching $165 million. This remarkable growth can be attributed to the regulatory clarity in the crypto market, which has led to a revival in the industry.

Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, is partnering with MB Bank to establish Vietnam's first licensed cryptocurrency exchange. The new platform, named "Upbit Vietnam," is set to launch in the fourth quarter of 2022, subject to regulatory approval. This collaboration aims to bring a secure and compliant crypto trading environment to Vietnamese users.

Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, has partnered with Vietnam's state-run Military Bank, also known as MB Bank, to launch the country's first state-backed crypto exchange. This collaboration aims to establish Vietnam's first domestic crypto exchange, with Dunamu providing technological and compliance support. The new exchange is expected to facilitate the growth of the cryptocurrency market in Vietnam, marking a significant step towards mainstream adoption.