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Second Biggest Bitcoin Exchange Bithumb Seeks IPO Backdoor

South Korean cryptocurrency exchange Bithumb is looking to go public in the United States — a first for a major cryptocurrency exchange.   Bithumb Seeks Backdoor IPO Bithumb, the world’s second largest cryptocurrency exchange my volume, is reportedly planning on forgoing an Initial Public Offering (IPO) and garnering admission as a publically-listed company in the United States by way of a reverse merger. дальше »

2019-1-25 10:00


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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »

2019-1-23 00:57


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Upbit Denies Cryptocurrency Wash Trading Accusations

South Korean authorities recently alleged that top executives of cryptocurrency exchange company, Upbit, falsified the company’s trading volume. Company Inflates Trading Volume by $226 billion Three top Executives of Upbit, one of South Korea’s largest cryptocurrency exchange, were recently accused of inflating the company’s trading volumes and manipulating the data system to attract investors, according to a report by The Korea Times. дальше »

2018-12-22 11:03


Moonday Mornings: The SEC has issued its first ever fines for ICO violations

There’s one thing that keeps us warm on cold days, Moonday Mornings. If you’re feeling a bit frosty this morning, here’s a wrap-up of the weekend’s cryptocurrency and blockchain news. 1. South Korean cryptocurrency exchange Zeniex is going to shut its doors and cease operations a mere five months after it launched. дальше »

2018-11-19 12:55


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Korean Crypto Exchange Bithumb to Launch Security Token Platform in the U.S.

South Korean cryptocurrency exchange Bithumb is reportedly exploring the possibility of a security token exchange in the U. S. , according to people familiar with the matter. Local news agency Yonhap News was able to confirm on November 2, 2018, that Bithumb has agreed to partner with American fintech company seriesOne. дальше »

2018-11-3 14:00


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South Korean Exchange Bithumb Sells To Singapore Investor For $353 Million

Bithumb, South Korea’s largest cryptocurrency exchange by volume, has sold to a Singapore entity with the aim of releasing new services and stablecoins.   Officials Finalize Majority Stake Deal As Korean news outlet Naver reports October 12, BK Global Consortium paid 400 million won ($353 million) for a majority stake in Bithumb, having previously held a minority position in the company. дальше »

2018-10-12 10:30