Bithumb invests $8M in South Korea’s regulatory sandbox
Bithumb plans to invest $8M in the country’s regulatory sandbox in the crypto-friendly city of Busan, the first time an exchange will partner local gov’t.
Bithumb plans to invest $8M in the country’s regulatory sandbox in the crypto-friendly city of Busan, the first time an exchange will partner local gov’t.
The crypto exchange’s largest shareholder learned about the taxes days ago after acquiring a majority stake in the firm, intends on seeking legal redress.
The Korean exchange hopes it can succeed where other have failed by working with the regulators to launch an exchange with a difference from the rest.
Bithumb’s deal looks like it might fall apart as deadlines have been missed, and employees are being laid off.
After a successful beta launch, Bithumb Global has released version 1.0 with plenty of upgrades.
Bithumb is instituting a routine review of its digital offerings, with the goal being to cut the fat.
South Korean cryptocurrency exchange Bithumb is making its debut in Singapore via a deal with Bitholic, a local crypto trading platform.
Bithumb is in trouble with the law for failing to protect its customers sensitive information.
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.
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.
South Korea-based crypto exchange Bithumb has posted a net loss for 2018 in a dramatic reversal of fortunes from the previous year.
Bithumb announced via a blog post that it was halting deposits to give ample time to external auditors to conclude their investigation.