The South Korean National Police Agency has selected the parent company of Upbit, Dunamu, to manage the seized virtual assets, with a contract period of 1 year.
2026-08-07 15:32:28
According to CoinMeta, the South Korean National Police Agency selected Upbit's parent company, Dunamu, through a public bidding process to be responsible for the custody of the seized virtual assets, with a contract period of one year. The confiscated digital assets will be managed through the digital asset custody service Upbit Custody, which will provide real-time monitoring and management of the regulatory infrastructure over 365 days. This service utilizes 100% offline cold wallets, 24/7 surveillance, and incorporates MPC and DKG multi-key management and multi-signature technologies to ensure asset isolation and security.
Source:Internet
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated
Hot Articles
Refresh

Web3: Circle obtains New York trust license, expanding USDC custody business.
07-31 22:04

Tesla reportedly plans to divest its China business to pave the way for integration with SpaceX.
07-31 21:54

web3: Foreign media: RWA perpetual contracts may expand faster than tokenization
07-31 21:24

Web3: Foreign media: Analysts say the real catalyst for XRP is not the Clarity Act.
07-31 20:55

Foreign media: Trump's children's accounts are unlikely to replace comprehensive family financial planning
07-31 20:24

