Latest News Of Bithumb Tag

Bithumb crypto exchange prosecuted by South Korean court

Business 24 June 2019

Bithumb crypto exchange prosecuted by South Korean court

Bithumb is in trouble with the law for failing to protect its customers sensitive information.

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3 of South Korea’s top crypto exchanges post losses in 2018

Business 18 April 2019

3 of South Korea’s top crypto exchanges post losses in 2018

Against the backdrop of the ongoing bear market, only Upbit turned a profit for the year, bucking the trend which saw Bithumb, Coinone and Korbit post heavy losses for the period.

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South Korea’s Bithumb secures $200M from Japan’s blockchain fund

Business 16 April 2019

South Korea’s Bithumb secures $200M from Japan’s blockchain fund

South Korean cryptocurrency exchange Bithumb has secured $200 million in fresh funding from a Japanese blockchain investment fund as part of a wider Series A funding round.

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Bithumb crypto exchange posts $180M net loss on BTC struggles

Business 12 April 2019

Bithumb crypto exchange posts $180M net loss on BTC struggles

South Korea-based crypto exchange Bithumb has posted a net loss for 2018 in a dramatic reversal of fortunes from the previous year.

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Bithumb halts crypto deposits to allow external audit after $13M hack

Business 4 April 2019

Bithumb halts crypto deposits to allow external audit after $13M hack

Bithumb announced via a blog post that it was halting deposits to give ample time to external auditors to conclude their investigation.

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Bithumb assures crypto ‘assets are safe’ amid $13M EOS hack

Business 1 April 2019

Bithumb assures crypto ‘assets are safe’ amid $13M EOS hack

South Korean cryptocurrency exchange Bithumb is assuring investors that their funds are safe after a hack that reportedly led to the loss of 3 million EOS worth $13 million.

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Bithumb to lay off over 50% of its staff

Business 19 March 2019

Bithumb to lay off over 50% of its staff

Bithumb announced on March 19 that it will be laying off 160 of its employees, due to a lack of trade volume.

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Bithumb to launch new crypto exchange in UAE

Business 13 February 2019

Bithumb to launch new crypto exchange in UAE

South Korean crypto exchange Bithumb is to launch a new exchange in the United Arab Emirates (UAE) following a partnership with blockchain VC firm Nvelop.

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Bithumb could go public in the US

Business 23 January 2019

Bithumb could go public in the US

The controlling backer of Bithumb, Singapore-based holding company “BTHMB,” is going to acquire a public company in the U.S., which would allow it to be listed on a U.S.-based stock exchange.

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Bithumb ‘not responsible’ for compensating $335K hack victim, says court

Business 27 December 2018

Bithumb ‘not responsible’ for compensating $335K hack victim, says court

South Korean cryptocurrency exchange Bithumb has escaped without liability following legal action brought by a victim of a $335,000 hack on the platform, in a landmark ruling for the cryptocurrency sector.

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Is Bithumb faking 94% of trading activity?

Business 21 December 2018

Is Bithumb faking 94% of trading activity?

An expose by crypto exchange rating service CER has found that as much as 94% of the trading volumes on Bithumb had been faked, with the practice first dating back to the summer of this year.

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Bithumb launches crypto indices as new partner gets onboard

Business 12 October 2018

Bithumb launches crypto indices as new partner gets onboard

This week, the South Korean cryptocurrency exchange opened Bithumb Crypto Index (BTCI), and then found itself a new major stakeholder—Singaporean consortium BK Global.

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