South Korean Crypto Exchanges Update Terms of Service

2019-6-17 17:00

Exciting times for South Korean bitcoin and altcoin investors as five local exchanges including Bithumb have revised their terms of service to make it possible for traders to get duly compensated should there be an unforeseen circumstance that leads to loss of funds, even if the security breach is not as a result of negligenceRead MoreRead More.

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Источник: btcmanager.com

bitcoin south → Результатов: 126

1 Billion Bitcoin P2P Traders: NoOnes Sets Sights on Nigeria and Global South

Bitcoin Magazine sits down with NoOnes CEO Ray Youssef to discuss why peer-to-peer bitcoin trading is essential for the liberation of the Global South.

2024-4-3 18:59	P2P
bitcoin south global noones youssef peer-to-peer discuss

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Bitcoin Entrepreneurs Introduce Noones, A Super App Aimed At Empowering Financial Freedom In The Global South

Noones plans to utilize messaging, a familiar platform for peer-to-peer trades for the Global South, to empower users with Bitcoin.

2023-4-4 00:11
bitcoin south global noones platform familiar messaging

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South Korea: Here's what experts feel about Bitcoin's chances against gold

South Korea's crypto-sector has been expanding at a rapid pace lately, with new sets of investors joining the market community every day. In fact, Bitcoin's surging price has also instigated a correspThe post South Korea: Here's what experts feel about Bitcoin's chances against gold appeared first on AMBCrypto.

2021-4-16 22:00	BTC Trading View
bitcoin south korea chances gold against experts

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Bitcoin Revolution South Africa: Scam Claims Support by President Cyril Ramaphosa

A bitcoin investment scheme called “Bitcoin Revolution South Africa” has been gaining much attention lately. Promoters claim that famous South Africans endorse this platform, including mining billionaire Patrice Motsepe, comedian and actor Trevor Noah, and President Cyril Ramaphosa.

2020-9-15 09:15
bitcoin south cyril ramaphosa president revolution africa

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South Korea to Start Taxing Bitcoin Profits in 2021

South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament.

2020-5-29 17:44	tax
bitcoin south korea profits start taxing coin

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Bitcoin Exchanges in South Korea to come Under Direct FSC Regulatory Purview

Reports from media sources in South Korea say the country’s top financial regulator plans to directly oversee the regulation of local Bitcoin exchanges, August 7, 2019. This move likely includes the creation of registration and licensing requirements for South Korean crypto bourses.

2019-8-8 09:00
bitcoin south exchanges country korea recent times

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Google Trends Shows Bitcoin Is About to Explode in South Korea

South Korea has long been a key region for Bitcoin adoption. Now its government and banks are coming around, Googe Trends reveals an interesting pattern. Every day for the last week, South Koreans have been waking up with Bitcoin on their minds.

2019-6-14 01:00
bitcoin south google trends korea pattern week

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LocalBitcoins in South Korea Records New Trading Volume History in KRW After Bitcoin’s Positive Trend

South Korean traders have been very excited about the recent price increase in Bitcoin (BTC) and digital assets. According to data provided by Coin Dance, the weekly LocalBitcoin volume has set a new record a few days ago.

2019-5-28 02:22	localbitcoins
bitcoin south localbitcoin volume new ago record

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Kimchi Premium Returns: Bullish Bitcoin Breakout Imminent?

It appears the “Kimchi Premium” is making an appearance once again in the South Korean bitcoin (BTC) market as the top-ranked cryptocurrency looks set for a bullish 2019. South Korean Market Premium Returns In a tweet published on April 9, 2019, CryptoHamster, a bitcoin analyst evidenced the appearance of elevated BTC prices in South KoreanRead MoreRead More.

2019-4-11 01:00
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Bitcoin Seeing a Persistent 6% Premium in South Africa

South Africa is seeing increasing interest in bitcoin with the middle income nation of nearly 60 million people toping the country ranking of Google searches for bitcoin. This relatively higher. .

2018-8-6 18:05	News
bitcoin south africa seeing persistent premium relatively

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Officials in South Africa Propose VAT-Exemption for Bitcoin Trades

Cryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed.

2018-7-28 23:45
bitcoin south africa officials propose trades vat-exemption

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Bitcoin Falls Underneath $5900 to Wrap Up a Melancholy 2018 To begin with Half – Bloomberg

The digital currency slid to about $5,861 early Friday, according to composite Bloomberg pricing, touching the lowest since November. Rival coins including Ethereum, Ripple and Litecoin also retreated.

2018-6-29 11:52
bloomberg percent declines retreated litecoin all set

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Bitcoin ATM to Make Crypto-Cash Exchanges Easier for South African Investors

South Africa is by far one of the friendliest countries in the world when it comes to cryptocurrency trading. As more and more South Africans are willing to dive into the rapidly expanding homegrown digital asset market, the country is all set to get a fully functional Bitcoin ATM.

2018-6-29 10:59	trading
bitcoin south atm cryptocurrency make crypto-cash investors

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A New Yearly Low Looms as Crypto Markets Continue Bleeding

FOMO Moments Crypto land is in pain; Bitcoin Cash, EOS, Cardano and Monero are all hurting. The downward pressure has continued as the week draws to a close with markets plummeting further again today.

2018-6-29 08:04
crypto markets bleeding new below continue looms

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Bithumb Reveals 11 Cryptocurrencies Lost and Plan to Compensate Customers

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	XRP
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DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts

The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust.

2018-6-27 20:26	Law & justice
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Cryptos Are Neither Currencies nor Securities, SARB Deputy Governor Says

Francois E. Groepe, deputy governor of the South African Reserve Bank (SARB), said that it does not consider digital coins securities or currencies. He suggested that SARB does not prefer to use the term “cryptocurrency.

2018-6-27 16:19	Cryptocurrency
sarb governor deputy securities currencies south african

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Another Bitcoin ATM Launches In South Africa Following Shutdown Of The Previous

South Africa, one of the places in the continent which cryptocurrencies have gained ground is set to take another shot on launching the first fully functional Bitcoin ATM in the country. The country had initially launched a similar ATM way back in 2014, but the ATM has since been shut down as a result of […] The post Another Bitcoin ATM Launches In South Africa Following Shutdown Of The Previous appeared first on ZyCrypto.

2018-6-26 20:20	South Africa
atm bitcoin another south africa country shutdown

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South Korea’s Ministry of Finance Says 10 Percent Crypto Tax Not True

South Korea finally responded to recent rumors stating that it will impose a 10 percent tax on cryptocurrency trading profits. According to a recent report, the country’s Ministry of Finance had already denied the existence of such a taxation scheme.

2018-6-26 14:49	Cryptocurrency
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Bithumb Expects Actual Losses to Be Lower, Promises Reimbursement to Affected Clients

Earlier this week, the cryptocurrency community was once again dumbfounded when millions of dollars worth of digital coins went missing as hackers successfully breached Bithumb, which is South Korea’s biggest crypto exchange.

2018-6-25 19:42	Cryptocurrency
affected bithumb clients cryptocurrency expects losses promises

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Brian Kelly & Charlie Lee “Bitcoin Is Still Bullish”

Despite the recent hack on Bithumb, in which over $30 million worth of cryptocurrencies was culminated by the hackers, Brian Kelly and Charlie Lee remain ‘bullish’ on Bitcoin. This week, the South Korean exchange, one of the largest cryptocurrency exchanges, Bithumb was hacked which led to the theft of $31 million virtual currency’s.

2018-6-24 22:30	Breaking News
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EOS Getting Beat Up as Crypto Markets Fall to New 2018 Low

FOMO Moments Bitcoin is below $6k and altcoins getting hit harder – EOS, Litecoin, Cardano and Ontology all suffering heavily. Following another week of heavy losses crypto markets have broken below $250 billion and are poised to head further south.

2018-6-24 08:01
markets eos crypto getting below bitcoin low

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6 Reasons Why Bitcoin Price is Down — (And Some Positive News Too)

As the week comes to a close, let us reflect on and digest all the news — most of which was negative, that happened in the cryptocurrency arena affecting Bitcoin price. Oh Look, Another Exchange Hack Tuesday evening, popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being stolen.

2018-6-24 23:00	Bitcoin Price
bitcoin price exchange hack too down cryptocurrency

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Litecoin Founder Remains Optimistic Despite Recent Bithumb Hack

Charlie Lee, the developer behind the world’s sixth-largest cryptocurrency, Litecoin, believes the price of Bitcoin and other cryptocurrencies will recover “fairly soon”. Lee shared his thoughts on the current bear market, what developments in the industry excite him the most, and the recent hack on Bithumb, the South Korean crypto exchange. The hack does not […]

2018-6-24 21:00	SegWit
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Bitcoin Magazine’s Week in Review: Fortunes and Fallacies

This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.

2018-6-24 20:05
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Crytpo Markets Drop During Week of FUD From Asian Sector

The crypto markets are continuing to take a tumble today, June 23, following slew of FUD-like news from the crypto sector in South Korea and Japan. Bitcoin (BTC) is edging closer to $6,000, trading for around $6,105 at press time, down less than 1 percent over a 24 hour period. Bitcoin price chart. Source: Cointelegraph

2018-6-23 18:33
crypto sector bitcoin markets 105 time press

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A 230 Billion Won Government Pump Awaits Korean Blockchain Sector

The Ministry of Science and ICT of South Korea announced its blockchain technology development strategy on June 21. The government aims to provide 230 billion won (~$207 million) for boosting development of distributed ledger technology in the country.

2018-6-23 14:38	blockchain
blockchain 230 government billion won technology development

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Bitcoin, Ethereum Slide Back in to Red as Market Reacts to Japanese Regulation, South Korean Tax Confusion

The cryptocurrency market has swung violently back into the red due to a series of regulatory movements from Asia, spooking skittish market participants. Bitcoin and Ethereum plummeted by almost 10% as Japanese regulators crack down on exchange action.

2018-6-23 02:13	South Korea
japanese market red bitcoin back ethereum confusion

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Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance

South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss.

2018-6-23 01:40	Virtual Currency
theft customers insurance repay fully bithumb estimate

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Still Bullish on Bitcoin Despite Bithumb Hack: Brian Kelly and Charlie Lee Weigh In

Both Brian Kelly and Charlie Lee remain bullish on Bitcoin despite the recent hack of Bithumb, which resulted in the theft of over $31 million worth of cryptocurrencies. Brian Kelly: Things are Different for Bitcoin This Time Around Earlier this week, South Korean exchange Bithumb – currently the eight largest cryptocurrency exchange by means of trading volumes – was hacked, resulting in the theft of more than $31 million worth of cryptocurrencies.

2018-6-22 09:00
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Korean Government Launches Investigation into Crypto Hacks

Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems.

2018-6-22 06:20	Virtual Currency
government crypto korean hacks investigation exchanges launches

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Bithumb Loses $30 Million After South Korean Exchange Is Hacked

One of the busiest virtual coin exchanges in the world, Bithumb, was hacked on Tuesday 19th June and coins worth over $30 million were stolen. All activities on the platform have been temporarily suspended, and there is no news of service renewal yet.

2018-6-22 00:46	Cryptocurrency
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Bitcoin’s Upside Price Potential Could Stop With New Resistance

Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, though, the cryptocurrency has struggled to find acceptance above $6,800 in the last 72 hours, as seen in the chart below. A drop below $6,550 would

2018-6-21 18:27
below bitcoin struggled cryptocurrency though all likely

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$ 6,800 ceiling? New anti-shield Bitcoin’s Corrective Rally

Bitcoin rose to a six-day high of $6,580 on Monday on Bitfinex, adding credence to indications that the cryptocurrency could be in for a relief rally. Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this,

2018-6-21 16:19
bitcoin rally south narrative negative korea hack

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Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks

Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges.

2018-6-21 06:10	Virtual Currency
multiple crypto korean government regulatory exchanges reports

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Cryptocurrency Price Analysis June 20

Bitcoin’s rolling 30-day annualized volatility has declined to about 61 percent from the highs of over 150 percent in 2017. Earlier this month, the hacking of the South Korean exchange Coinrail allegedly led to a sharp fall in the cryptocurrency prices.

2018-6-21 23:24	volatility
percent cryptocurrency led price sharp fall allegedly

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Bithumb loses $30 million in cryptos to thieves, alerts against entering passwords!

South Korean cryptocurrency exchange, Bithumb lost over $30 million earlier today. The exchange has confirmed about the theft earlier this morning. It is believed to be a case of a cryptocurrency hack.

2018-6-20 21:28	News
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South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack

Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice.

2018-6-20 20:25	#scams
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Kenya Has Its First Bitcoin ATM

The first Bitcoin ATM has been installed in Nairobi, making it the first in East Africa, which makes it possible to purchase Bitcoins and Litecoins instantly. The traders can purchase the cryptocurrencies for as little as $5, and they can pay for them in both dollars and Kenya shillings.

2018-6-20 13:30	Breaking News
atm bitcoin africa installed kenya bitcoins purchase

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Bitcoin Price Steady Above $6K Despite Bithumb Hack

Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked.

2018-6-20 13:30	bithumb
despite bitcoin south korean crypto hacked exchange

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Bitcoin Retains Short-Term Bull Bias Despite Exchange Hack

Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked.

2018-6-20 13:30	bithumb
exchange bitcoin despite south korean crypto hacked

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Bithumb Hacked: Second-Largest Korean Exchange Losses a ‘Modest’ $32M

For the second time this month, an exchange in South Korea gets hacked, resulting in an eerily similar dip in Bitcoin's price that mirrors the trajectory during the previous incident.

2018-6-20 12:35	News
exchange hacked incident dip similar eerily resulting

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Bithumb Hacked: Second-Largest Korean Exchange Loses a ‘Modest’ $32M

For the second time this month, an exchange in South Korea gets hacked, resulting in an eerily similar dip in Bitcoin's price that mirrors the trajectory during the previous incident.

2018-6-20 12:35	News
exchange hacked incident dip similar eerily resulting

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Major Korean Crypto Exchange: $31 Million Vanishes

Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished.

2018-6-20 09:20	South Korea
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Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid Controversies

South Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions.

2018-6-20 18:10	Virtual Currency
service exchange crypto controversies plan korean hacked

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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing

As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance.

2018-6-18 08:40	Virtual Currency
aml crypto banks failing compliance exchanges korean

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Bitcoin in Brief Saturday: Coins for Drivers, Prisoners, and Conservationists

Today’s Bitcoin in Brief features several examples of digital coins entering all spheres of life. A leading German auto manufacturer has revealed its cars may soon be fitted with onboard cryptocurrency wallets.

2018-6-16 15:36
bitcoin conservationists brief coins prisoners drivers saturday

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Bitcoin Magazine’s Week in Review: Looking Back to See the Way Ahead

It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.

2018-6-16 04:35	Bitcoin
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Op Ed: From East to West: The Fiat Pairing Trend Grows in the United States

The recent announcement that Bittrex will allow investors to buy digital coins with the U. S. dollar is the latest in a string of crypto trading trends to move West from Asia.

2018-6-15 17:38	Op-ed
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Upbit and Bithumb to compensate investors for the 2024 martial law outage

The declaration of Martial law in South Korea on December 3, 2024, caused chaos for crypto exchanges like Upbit and Bithumb. The crypto exchanges experienced downtimes as investors rushed to manage their assets.

South Korea’s Bithumb to launch $TRUMP trading for 53k won

Bithumb announced that it will be launching $TRUMP meme coin on its platform with a base price of 53,350 won three days after its official launch. Bithumb, South Korea’s second largest crypto exchange, will launch the official Trump meme coin,…

Bithumb adopts Kookmin Bank as new partner bank starting March 2025

Bithumb, South Korea’s second largest crypto exchange, is dropping NongHyup Bank in favor of Kookmin Bank as part of its efforts to tap into the mainstream market. According to a report by The Korea Times on Jan. 13, Bithumb will…

K-pop giant Cube Entertainment’s CEO under fire for misleading crypto investment guarantees

South Korea’s Cube Entertainment is under scrutiny after its CEO, Kang Seung-gon, was accused of allegedly misleading investors into a cryptocurrency investment that resulted in significant financial losses.

South Korea to allow institutional investors to trade crypto: report

South Korea considers easing restrictions on corporate crypto trading, with plans to gradually issue real-name accounts to institutional investors. South Korea is set to allow corporations to invest in cryptocurrencies as the Financial Services Commission is considering a gradual approach…

South Korea’s Lotte Group to leverage Arbitrum blockchain for its metaverse

South Korean conglomerate Lotte Group has tapped the Ethereum layer 2 network Arbiturm to enhance its artificial intelligence-driven metaverse platform, Lotte Caliverse. Announced at CES 2025, Arbitrum’s blockchain, with its 250ms block times, is described by Steven Goldfeder, CEO of…

Bithumb Meta rebrands into Bithumb Partners with a focus on investments

Bithumb, one of South Korea's leading cryptocurrency exchanges, has transformed its now-defunct subsidiary, Bithumb Meta, into Bithumb Partners.

2019-6-17 17:00

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