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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


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South Korean Cryptocurrency Exchange Giant ‘Bithumb’ Reopens User Registration Feature

Bithumb has resumed registering new users, more than two months after suffering a hack. The South Korea based platform experienced a massive spike in trading volume following the announcement. Some experts believe the user registration resumption by the platform contributed to the recent Bitcoin price increase. дальше »

2018-8-30 17:50


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South Korea: Trading Volume Soars as Bithumb Reopens to New Customers

Major South Korean cryptocurrency exchange Bithumb has announced it will resume accepting new user accounts after resolving a dispute with its banking partner. Month-Long Impasse Ends As local news media outlet Yonhap reports August 29, Bithumb has come to an agreement with Nonghyup Bank, which in July stopped serving it, reportedly due to the exchange’s recent hack in which it lost over $30 million. дальше »

2018-8-29 16:00


UPbit Exchange Clears $100 Million in Q3 Despite Crypto Bear Market Conditions

Korean Crypto Exchange UPbit Profits in Bear Market UPbit, a South Korean crypto exchange, profited in a bear market by $100 million. The Repository of Korea’s Corporate Filings (DART) released data indicating that in addition to UPbit’s profits, Bithumb, the country’s second-largest trading platform, also made a profit of $35 Million. The third quarter has […] дальше »

2018-8-24 21:28


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Some Cryptos Trading 500% Higher on Bithumb, Market Manipulation Woes

Bithumb traders have recently experienced an abnormal surge in the price of some crypto, with tokens like Ethos trading six times over its average value only on the South Korean exchange. Many traders began to attribute these ludicrous prices to the Kimchi Premium, which local cryptocurrency traders have grown accustomed to over the most recent months. дальше »

2018-7-30 08:04


No.2 Korean Exchange Bithumb Enters Into The Japanese And Thai Market.

Exchanges One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. Japan Confirms Entrance Into the Crypto Space Expanding into Thailand Bithumb is currently working on obtaining regulatory approval from the Thai Securities and Exchange Commission (SEC), local media reported Friday. дальше »

2018-7-16 04:46