South Korea’s largest crypto exchange, Upbit, unveiled GIWA, its own blockchain built on Ethereum Layer 2 using OP Stack. GIWA offers fast 1-second block times and full compatibility with Ethereum’s EVM, making it easy to migrate Solidity contracts and tools. The blockchain aims to lower barriers for Web3 entry, enabling faster, cheaper transactions. Upbit had previously launched a teaser website with a live countdown, building anticipation ahead of the official reveal at its developer conference.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The crypto market cap dropped by over 1% to hover around $3.9 trillion on Tuesday,…
The XRP community has lost a major opportunity to the Solana (SOL) ecosystem. On Tuesday,…
The U.S. Federal Reserve will announce its latest interest rate decision at the FOMC meeting…
The first-ever spot exchange-traded funds (ETFs) for Solana (SOL), Litecoin (LTC), and Hedera (HBAR) have…
The next major wave in finance might not come from banks. It may come from…
After a sharp rally that sent the Official Trump (TRUMP) price token soaring in recent…
