Latest News Of Bithumb Tag

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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South Korea’s Bithumb to launch decentralized exchange

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.

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South Korea says crypto exchanges aren’t venture firms, increases taxes

Business 4 October 2018

South Korea says crypto exchanges aren’t venture firms, increases taxes

The proposal for blockchain industry, as well as cryptocurrency exchanges, that would see entities in the spaces be permanently added to the government’s official list of certified venture firms has now been shot down.

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Fiat withdrawals in South Korean exchanges for verified accounts only

Business 18 September 2018

Fiat withdrawals in South Korean exchanges for verified accounts only

Two of the biggest cryptocurrency exchanges in South Korea are requiring accounts to provide real names before allowing withdrawals in Korean won.

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South Korean banks withdraws services to anonymous crypto accounts

Business 12 September 2018

South Korean banks withdraws services to anonymous crypto accounts

Representatives from the South Korean banking industry have said they will limit services to cryptocurrency traders who haven’t converted to real-name accounts, in a move designed to shake up the 50 to 60% of accounts that still remain unverified.

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South Korea’s Bithumb exchange to restart user registrations

Business 30 August 2018

South Korea’s Bithumb exchange to restart user registrations

Bithumb will reportedly resume offering services to new accounts from as early as this week, following confirmation of a partnership with NH Bank which will lift the restrictions on the firm.​

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Embattled crypto exchange Bithumb posts $35M profit in H1 2018

Business 24 August 2018

Embattled crypto exchange Bithumb posts $35M profit in H1 2018

South Korean cryptocurrency exchange Bithumb ran up first half profits of $35 million, ten times smaller than profits for the previous accounting year, in the wake of a high-profile hack on the exchange in June.

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