2021-8-27 11:38 |
CryptoQuant reported that almost half a billion USD in Ether have been withdrawn from multiple spot exchanges, and half of that amount was moved off Binance and Bithumb
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Following a series of recent layoffs and closures within the industry, top Korean exchange Bithumb follows suit by announcing it will cut its workforce in half by the end of this month. While the market is currently showing signs of optimism, this news brings an unwelcome reminder to the realities of an extended bear market.
2019-3-19 19:01 | |
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The crypto winter continues to make victims. Unfortunately, the next victims are the employees of Bithumb, the largest cryptocurrency exchange in South Korea. Coindesk Korea has recently reported that the affirmed that it would cut the number of employees from the current 310 to around 150 soon. If this is confirmed, half of the team […]
2019-3-19 00:54 | |
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In this edition of The Daily we cover a number of developments related to different cryptocurrency exchanges. A report shows that Quadriga has “lost” another half a million dollars, Bithumb is expanding its reach to the UAE, and Coinbase has launched a controversial new cloud backup service.
2019-2-13 12:40 | |
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An investigation conducted by Crypto Exchange Ranks (CER) has alleged that Bithumb, the largest Korean digital currency exchange by volume, has drastically inflated its reported trade volume during the second half of 2018.
2018-12-21 03:00 | |
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North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges.
2018-10-20 00:22 | |
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Singapore-based BK Global Consortium has paid 400 billion won (approximately $350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to a local news outlet.
2018-10-13 23:53 | |
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Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.
2018-10-13 23:34 | |
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South Korean cryptocurrency exchange Bithumb made net profits of about $35 million in the first half of this year, despite a rough June for the firm.
2018-8-23 15:10 | |
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The Bithumb Recovery Process For most cryptocurrency exchanges, experiencing a hack and subsequent loss of funds could be catastrophic. To this day, it remains unclear if any of the stolen funds have been recovered, although it is highly unlikely that is the case.
2018-7-1 08:05 | |
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Bithumb is one of the largest cryptocurrency exchanges in the world. Its status has attracted a lot of unwanted attention from criminals, culminating in a $31 million hack earlier this month. The company has been working on recovering the money and scored some initial success in this regard.
2018-7-1 02:00 | |
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Bithumb has managed to recover roughly 45 percent of the cryptocurrencies stolen during the June 20 hack. The company also acknowledged the support of other exchange platforms in its efforts to recover the stolen funds.
2018-6-29 21:08 | |
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Bithumb has managed to recover roughly 45 percent of the cryptocurrencies stolen during the June 20 hack. The platform announced the news in an update published on June 28 — while also providing full disclosure of the digital currencies taken in the attack.
2018-6-29 19:00 | |
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Last week, Bithumb – one of South Korea’s largest digital currency exchanges – was hacked for $31 million in various cryptocurrencies. Announced on June 28, 2018, Bithumb confirmed the recovery of nearly half the stolen funds.
2018-6-29 10:57 | |
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South Korean crypto exchange Bithumb has announced the 11 cryptocurrencies stolen in last week’s theft and the amount of each coin missing. A compensation plan has also been unveiled for the equivalent value of the lost coins in an undetermined cryptocurrency.
2018-6-29 04:55 | |
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