Latest News Of Bithumb Tag
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Business 5 October 2018
South Korea’s Bithumb to launch decentralized exchange
Bithumb DEX will target global cryptocurrency markets, and is being developed in partnership with One Root Network, which has already pioneered its own DEX which launched earlier this year.