Upbit and Bithumb submit server expansion plans after South Korean government inspection

According to a report by Infomax of the Yonhap News Agency, in order to avoid a recurrence of the trading connection delay caused by computer system failures at various crypto exchanges in South Korea after the country declared a state of emergency on December 3 last year, the operator of the crypto currency exchange Upbit, Dunamu, as well as Bithumb and Coinone, submitted contingency plans to the Financial Supervisory Service (FSS) last month. One of the key measures in these plans is the addition of a special clause in their contract with Amazon Web Services (AWS) that allows for temporary expansion of server capacity when AWS cloud traffic exceeds a pre-set limit, in order to ensure temporary expansion of server capacity during periods of high traffic and avoid similar system failures.