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Bithumb
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CryptoCurrency
Bithumb's Struggles Highlight Crypto Banking Integration in South Korea
2024-02-16T12:00:57.224+02:00
KB Kookmin Bank informed the firm not to partner to provide real-name accounts.
The firm's current contract with NH NongHyup Bank is due to expire on March 24.
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CryptoCurrency
South Korean Crypto Exchange Bithumb Aims to Go Public by 2025
2023-11-13T10:43:33.277+02:00
It aims to assert trust rather than raise money.
It now has a local market share of 15 to 20 percent.
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CryptoCurrency
South Korean Crypto Exchanges Unveil System for Checking Market Volatility
2023-07-04T13:41:34.747+02:00
The system notifies users about abnormalities in the prices of cryptocurrencies.
DAXA, an alliance of five major cryptocurrency exchanges, operates the new system.
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XRP Network Sees a Sharp Rise in Trading Volume on Friday
2022-07-16T10:43:03.664+02:00
Yesterday, a leading crypto address moved 50 million XRP to Bitstamp.
XRP’s current market cap stands at around $16 billion.
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CryptoCurrency
Gen.G Esports Signs Partnership with South Korean Bithumb Crypto Exchange
2022-01-27T10:21:31.357+02:00
Gen.G Esports has partnered with Bithumb exchange.
The crypto exchange will sponsor Gen.G's sports team events.
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Bithumb Bans Foreigners Who Failed Mobile Phone Verification
2021-09-03T10:57:53.000+02:00
The exchange is aligning its services with the requirements of the local authorities.
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Arnab Shome
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Bithumb Hong Kong Executives Face Criminal Lawsuit
2021-07-06T11:13:23.000+02:00
This is the second lawsuit filed by the former Thai partner of the exchange.
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Exchanges
Bithumb Bans Its Staff to Trade Cryptos Using Internal Accounts
2021-07-03T00:00:28.000+02:00
The South Korean exchange has already notified its staff to withdraw funds before the end of June.
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Felipe Erazo
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News
Morgan Stanley Reportedly in Talks for Bithumb Acquisition
2021-03-19T10:36:30.000+02:00
The acquisition deal could be sealed for up to $441 million.
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Arnab Shome
Regulation
South Korea to Impose Heavy Penalty on Cryptocurrency Violations
2021-03-10T15:06:39.000+02:00
The financial regulator will impose a fine on digital exchanges for failure to report suspicious crypto transactions.
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Bilal Jafar
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Bithumb Acquisition: Vidente Debunks Claims on Nexon Partnership
2021-01-08T13:59:15.000+02:00
Nexon reportedly partnered with Vidente to buy majority stakes in the crypto exchange.
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Arnab Shome
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WOZX Gains $2.5 Billion after Debut on HBTC and Bithumb
2020-12-14T16:02:52.000+02:00
The newly launched WOZX token by Steve Wozniak’s blockchain company Efforce gained massive popularity since its trading debut.
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Bilal Jafar
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News
Korean Police Summon Bithumb Chairman for Fraud Investigation
2020-09-18T12:34:10.000+02:00
The exchange was raided three times earlier this month.
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Arnab Shome
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Crackdown? South Korean Police Seize Bithumb
2020-09-02T14:15:59.000+02:00
The exchange allegedly committed fraud by issuing its native BXA tokens.
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Bithumb Plans to Go Public in South Korea: Report
2020-06-24T13:43:49.000+02:00
The company’s attempt to publicly list its shares on a US exchange failed last year.
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Executive Moves
Bithumb Names Back Young Heo as Its New CEO
2020-05-25T15:54:54.000+02:00
He also held the apex position at the exchange for 8 months in 2018.
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News
Bithumb Reports $30.5 Million in Profit for 2019
2020-04-15T14:33:42.000+02:00
The exchange underwent various changes including restructuring of its business and fees.
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Bithumb Taps Chainalysis for Tracking Suspicious Transactions
2020-03-11T13:48:03.000+02:00
South Korea recently passed new law tightening crypto exchange regulations.
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Bithumb, BitMax Partner to Build Blockchain Infrastructure
2020-02-18T09:17:44.000+02:00
The South Korean exchange is expecting to bolster its global presence with this partnership.
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Bithumb Takes $69M Withheld Tax Dispute to Court
2020-01-16T12:11:52.000+02:00
The tribunal will have 90 days to grant or dismiss the motion.
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Analysis
Vanguard Joins Fee-Free Race, Bithumb Fined $69 Million: Editor’s Pick
2020-01-05T14:10:31.000+02:00
Keep up to date with the most interesting crypto and FX news stories so far in 2020.
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Celeste Skinner
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Korean Tax Authority Slaps Bithumb with $69 Million in Withholding Tax
2019-12-30T10:19:28.000+02:00
The country does not have any law to access the books of crypto businesses.
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Chaos or Hoax? Binance, Bithumb Deny Claims of Shanghai Office Raid
2019-11-22T09:17:33.000+02:00
Binance doesn’t have a physical office in Shanghai, a spokesperson said.
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Bithumb Global Launches Native Crypto for Its Upcoming Blockchain
2019-11-12T10:06:01.000+02:00
The exchange will issue 300 million tokens initially but will burn half of them eventually.
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Analysis
Zero-Fee Trade Taking Off, Kik Shutting Down: Editor's Pick
2019-10-06T08:01:56.000+02:00
We take a look back at last week's most mind boggling, brain toggling stories
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