[South Korean National Police Agency Selects Upbit's Parent Company to Safeguard Seized Virtual Assets, Contract Term: 1 Year] BlockBeats News, August 7, according to Digital Asset reports, the South Korean National Police Agency has selected Dunamu, the parent company of Upbit, through a public bidding process to manage seized virtual assets for a contract term of 1 year. The confiscated digital assets will be managed through the digital asset custody service Upbit Custody, enabling real-time response to regulatory infrastructure and ensuring custody and management within 365 days. This service utilizes 100% offline cold wallets, 24/7 monitoring, and incorporates MPC (Multi-Party Computation), DKG (Distributed Key Generation) multi-key management, and multi-signature technology to ensure asset isolation and security. [Original Link]