Ripple and Its Largest ODL Corridor Help Move 69.7 Mln XRP

Almost 70 Mln XRP has been moved by the efforts of Ripple, its largest ODL-based platform and the major Korean digital exchange Bithumb

503 +

Bithumb Global Reflects On Its Journey As It Celebrates First Anniversary

Today, South Korean cryptocurrency exchange Bithumb Global celebrates its first anniversary as it continues to meet the ever-increasing demand for digital assets. Established in 2019 during the boom period in the cryptocurrency industry, Bithumb Global has quickly established itself as one of the leading digital asset exchanges in the world by reported trading volume.

687 +

51.5 Mln XRP Moved by Bithumb as XRP Price Predicted to Target Immense Rise

Major South Korean exchange moves over fifty million XRP while its price is expected to reach a hard-to-believe level within a year or two

533 +

Crypto Exchange Bithumb to Launch Staking As a Service With IOST

In a blog post published on April 14, 2020, South Korean cryptocurrency exchange Bithumb announced it would be launching staking as a service on April 20, 2020, with IOST (IOST) as the first cryptocurrency available for staking on the trading platform.

526 +

Huobi Korea Delists Monero Over Nth Room Case, Bithumb May Follow

Reports have emerged that participants in a Korean-based sexual exploitation ring used Monero for criminal acts. As a result, Bithumb is considering delisting the cryptocurrency. Huobi has already dropped it from its Korean exchange.

514 +

Bithumb Debuts Crypto Margin Trading Service with 5x Leverage

Bithumb global has announced to its users, the launch of the platform’s crypto margin trading service for Bitcoin (BTC) and Ether (ETH) against Tether (USDT). Details of the Bithumbbrin Global Margin Trading Service In a blog post published on its website, Bithumb Global — the international arm of the South Korean Bitcoin exchange behemoth announcedRead MoreRead More.

505 +

South Korean Crypto Exchanges Aid Police in Child Porn Investigation

South Korea’s four major cryptocurrency exchanges, Upbit, Bithumb, Coinone, and Korbit, reportedly stated that they would support the local police in investigating the so-called “nth rooms” phenomenon, which turned into a nation-wide scandal.

600 +

South Korea’s UPbit, Bithumb Reveal Substantial Drop in Trading Volumes In Last 2 Years

Top South Korean crypto exchange platforms, Upbit and Bithumb, have witnessed a massive decrease in their trading volumes of 70% and 63% respectively compared to their 2018 results, Decrypt reports. According to Financial Supervisory Services (FSS), Dunamu, which is Upbit’s parent company, saw its annual profits decrease by 93% to approximately $7.4 million. The nosedive […]

519 +

Revenues of South Korean crypto exchanges collapse by more than 50%

The revenue of the two largest cryptocurrency exchanges in South Korea, UPBit and Bithumb, fell more than 50%. Demand for cryptocurrencies in the country has recently fallen sharply.

530 +

BOSAGORA’s Native Token BOA Gets Listed On South Korean Exchange Bithumb

Leading South Korean next-generation smart contract blockchain firm BOSAGORA continues its impressive form, which started in 2019, as the digital currency BOA is now listed on the major South Korean exchange platform Bithumb.

555 +

BOSAGORA Continues to Impress as Digital Currency BOA Lists on Bithumb

Bitcoin Press Release: BOSAGORA, a next generation smart-contracting blockchain which showed impressive results in 2019, has now listed on the major South Korean exchange Bithumb.   8th March 2020, Seoul, South Korea – BOSAGORA’s native token BOA, which is governed by a democratic “Congress Network” of its users, saw a staggering 279% growth in Q4 of […] The post BOSAGORA Continues to Impress as Digital Currency BOA Lists on Bithumb appeared first on Bitcoin PR Buzz.

641 +

BOSAGORA Continues to Impress as Digital Currency BOA Lists on Bithumb

BOSAGORA, a next generation smart-contracting blockchain which showed impressive results in 2019, has now listed on the major South Korean exchange Bithumb.   8th March 2020, Seoul, South Korea – BOSAGORA’s native token BOA, which is governed by a democratic “Congress Network” of its users, saw a staggering 279% growth in Q4 of 2019.

608 +

Bithumb Signs MoU With BitMax To Expand Cryptocurrency Services In The Global Market

South Korean cryptocurrency exchange, Bithumb enters into a strategic partnership with BitMax, a Singapore based exchange founded in 2018. According to the official announcement, the partnership aims to boost the development of blockchain and crypto solution across the industry with a key focus on liquidity on exchanges.

444 +

Bithumb to Get Wall Street-Level Fintech Expertise via New Partnership

Major South Korean crypto exchange Bithumb to partner with BitMax, accessing the latter’s Wall Street-level fintech expertise

346 +

Two Asian Crypto Exchange Giants Partner to Expand Global Reach

South Korean crypto exchange Bithumb has announced a strategic partnership with Singapore-based exchange, Bitmax. io. This move will create new opportunities to reach global traders and investors.

406 +

Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax

Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions.

959 +

Bithumb Takes Korean Tax Authority to Court Over ‘Groundless’ Crypto Tax

Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions.

417 +

South Korean Exchange Bithumb To Fight NTS In Court Over $69M Tax Bill

According to local reports from The Korean Times, the largest crypto exchange in the country is challenging the latest tax imposed by the National Tax Service (NTS) in a Tax Tribunal in what it terms as a groundless base.

387 +

Bithumb Cryptocurrency Exchange Goes to Court Over $69M Tax Bill

Bithumb crypto exchange is taking South Korean tax officials to court over a $69 million tax bill

421 +

Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone

South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug.

413 +

Bithumb Pledges $8 Million Investment in Busan ‘Regulation Free’ Blockchain Zone

South Korean crypto exchange giant Bithumb is reportedly eyeing a significant investment in the Busan blockchain special zone. The move comes following the platform’s creation of a research and development center.

418 +

South Korea: Crypto Exchange Bithumb Establishes Blockchain R&D Center

Leading South Korean cryptocurrency exchange platform Bithumb has set up a research center to boost its blockchain-based offerings and services, the exchange announced in a blog post, January 7, 2020.

406 +

Bithumb Rolls Out Blockchain And Crypto Research & Development Center In South Korea

South Korea-based crypto exchange Bithumb has opened its own R&D center, which means it’s also going to do research and development from now on. The announcement was released on January 6. Bithumb now has the first South Korean blockchain and cryptocurrency research center.

419 +

Major South Korean Crypto Exchange Bithumb Launches R&D Center

Bithumb, a major South Korean crypto exchange, is launching its own R&D center for cryptocurrencies and blockchain technology

511 +

South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb

The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced.

424 +

Korean Government Brings the Hammer Down on Bithumb, Taxing The Crypto Exchange $68 Million

The Internal Revenue Service has imposed an obligation on cryptocurrency exchange Bithumb to “withhold withholding” on income from cryptocurrency transactions by foreign users, reported local sources.

566 +

Bithumb Exchange Will Pay $67 Million in Additional Crypto Taxes

Coinspeaker Bithumb Exchange Will Pay $67 Million in Additional Crypto TaxesEarlier South Korean crypto exchange Bithumb had reported about a bad financial year, but now it has been revealed that the taxes are getting even harder.

366 +

Bithumb Crypto Exchange Reportedly Considers Litigating $68.9M Tax Bill

South Korean cryptocurrency exchange considers litigation after the local tax authority imposed a $68.9 million tax bill on it

414 +

Tachyon Protocol (IPX) Listed on Bithumb and Bithumb Global

Two leading Korean crypto exchange platforms, Bithumb and Bithumb Global, have officially listed IPX, a native utility token for the Tachyon telecom protocol.

405 +

Bithumb Cryptocurrency Exchange Will Enter Singapore Market Via Local Platform BitHolic

Bithumb, a prominent South Korean cryptocurrency exchange, is set to enter the crypto market of Singapore soon. According to a local media outlet called News1 Korea, the company has acquired a regulated company in the country to buy its entrance in the market.

478 +

Bitholic Now Bithumb Singapore in New Expansion by South Korean Bithumb

Bithumb may be expanding overseas, with news that Singaporean exchange Bitholic has changed its name to Bithumb Singapore

445 +

Major Korean Crypto Exchange Bithumb Prosecuted for Failure to Protect User Data

Korean crypto exchange Bithumb has been prosecuted for its alleged failure to take adequate measures to protect personal data, allegedly leading to a subsequent hack in 2017

370 +

Korean Crypto Exchanges Revise Terms of Service in Boost for Investors

By CCN Markets: According to The Korea Herald, Bithumb and four other major crypto exchanges in South Korea have formally changed their terms of service to become liable for potential hacking attacks that may affect users.

569 +

South Korean Crypto Exchanges Update Terms of Service

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.

554 +

New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses

Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators.

399 +

5 South Korean Crypto Exchanges Take On New Responsibility for User Losses

Five cryptocurrency exchanges in South Korea, including Bithumb, have increased their liability to users in line with demands from regulators

371 +

South Korean Bitcoin Exchanges Post Highest Fiat Influx

An average bitcoin investor in South Korea has dumped more fiat money than the one in other countries, reveals CryptoCompare. The London-based data analytics firm found that cryptocurrency exchange BitHumb has received over $16 billion worth of fiat money in April 2019.

455 +

Bithumb: South Korean exchange to resume deposits and withdrawals for XRP, EOS and BCH

Bithumb, the South Korean cryptocurrency exchange which was hacked on March 29, is set to resume withdrawals and deposits for three of the top six cryptocurrencies. In a May 15 announcement, the exchange stated that XRP, Bitcoin Cash [BCH] and EOS [EOS] would be the first few virtual currencies to resume trading.

386 +

South Korean Crypto Exchange Bithumb Opens Perpetual Futures Trading And 100x Leverage

Bithumb, one of the largest and most popular cryptocurrency exchanges in South Korea, announced that it has launched a global exchange service that offers perpetual futures trading with 100x leverage.

528 +

Bithumb Crypto Exchange Launches Perpetual Futures Trading Platform

Bithumb Global, a leading South Korean bitcoin trading platform and crypto exchange, has announced the launch of its global digital assets exchange service that will support multiple fiat currency trading pairs and a perpetual futures trading with up to 100x leverage, according to a press release on May 13, 2019.

530 +

Bithumb launches bitcoin perpetual futures with 100x leverage

CryptoNinjas Bithumb, a South Korean bitcoin and cryptocurrency exchange company, today launched a global exchange service incorporating multiple fiat currency trading pairs, as well as perpetual futures trading, with leverage up to 100x.

563 +

Bitcoin Nation: 22 Million US Crypto Traders Dwarf Global Rivals

By CCN: The overwhelming majority of crypto traders come from the United States, according to surprising new research from DataLight. The firm analyzed traders using the top 100 Bitcoin exchanges and found that over 22 million users hail from America.

474 +

Bithumb Exchange Is Planning Crypto Expansion Strategy Into The USA And Japan Markets

Bithumb Exchange Is Planning Expansion Into The US And Japanese Markets The South Korean cryptocurrency exchange Bithumb seems to be planning to reach the two largest cryptocurrency markets, the United States and Japan.

420 +

Top Bitcoin Exchanges Come Together In An Effort To Retrieve BitHumb’s Stolen Crypto Funds

Top Crypto Exchanges Come Together In An Effort To Retrieve BitHumb’s Stolen Funds As many of our regular readers may recall, late last month, leading South Korean crypto exchange Bithumb fell victim to a hacking scandal which saw the company lose a little over USD $18 million worth of assets. However, as soon as this […]

404 +

South Korea: Bithumb Exchange Operator Reveals Plans for US, Japanese Markets

The CEO of Blockchain Exchange Alliance — which has a controlling stake in major South Korean crypto exchange Bithumb — has revealed plans to expand to the U.S. and Japan

348 +

Just One of Korea’s ‘Big Four’ Bitcoin Exchanges Profited in Crypto Winter 2018

By CCN. com: South Korea is the fourth most active country in the world in crypto trading, per Coinhills. This, however, did not count for much as three of the country’s top four bitcoin exchanges recorded losses in 2018.

555 +

South Korean Police Confiscate Server Allegedly Linked to Bithumb Hack

407 +

This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone

Bithumb, one of South Korea’s largest cryptocurrency exchanges, posted a 205.5 billion won ($180 million) net loss in 2018,… The post This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone appeared first on Invest In Blockchain.

446 +

South Korea Crypto-Exchange Bithumb Reports $180 Million 2018 Losses

South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018 and, the financial results reportedRead MoreRead More.

514 +