Cryptocurrency traders who still haven’t converted to real-name accounts on Bithumb will face reduced withdrawal limits starting June 4.
Bithumb’s deal looks like it might fall apart as deadlines have been missed, and employees are being laid off.
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.
The investor had taken Bithumb exchange to court in connection with the losses, which he alleges were the result of a 2017 data breach.
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.
The intended relaunch of the South Korea's Bithumb withdrawal and deposit platform was delayed due to efforts "to provide a more stable environment."
The Bithumb exchange is for sale. According to officials, Bithumb is selling their exchange because investors are trying to recover their investment.
South Korea’s Bithumb has reportedly begun the initial public offering process, with the help of Samsung Securities as its underwriter.
Bithumb is instituting a routine review of its digital offerings, with the goal being to cut the fat.
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.