-
Upbit operator Dunamu reports 78% profit drop amid cooling crypto market
Dunamu, the South Korean fintech company behind the country’s dominant crypto exchange Upbit, saw its first-quarter operating profit plunge 78% year-on-year to 88 billion won (approximately $59 million), according to reports. The company disclosed through the Financial Supervisory Service on the 15th that first-quarter consolidated sales fell 55% year-on-year to 235 billion won, compared with 516 billion won last year. Operating profit dropped from about 396 billion won to 88 billion won. Net profit also declined by 78% year-on-year, reaching approximately 70 billion won versus nearly 321 billion won in the same ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From financefeeds.com|May 17, 2026Spot Bitcoin exchange-traded funds recorded $1 billion in weekly net outflows, ending a six-week inflow streak that had brought in a combined $3.4 billion and helped stabilize ...
From mohamedelerian.substack.com|May 16, 2026|1 commentAs the five factors set out in last week’s note played out, recognition is growing that the global economy and financial markets are navigating an increasingly complex and ...
From financefeeds.com|May 16, 2026Bitcoin fell about 3% to near $78,000 in Asian morning trading Saturday, erasing its gains from the past week as global markets repriced the path of interest rates. The move ...
-
- Newer Stories
From moneycheck.com|May 17, 2026Bitcoin retreated to the $78,000–$79,000 zone last week as climbing Treasury yields and persistent inflation worries created pressure on risk assets. The days ahead will reveal ...
From @realDonaldTrump|May 17, 2026|57 comments
For Iran, the Clock is Ticking, and they better get moving, FAST, or there won’t be anything left of them. TIME IS OF THE ESSENCE! President DJT
From @FirstSquawk|May 17, 2026|27 commentsAxios citing US officials: We expect Trump to hold a meeting on Tuesday with the national security team to discuss a military operation against Iran Axios citing US officials: Trump seeks deal to end war, and Iran refrains from any concession that brings the military option back to the table Iran
