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Bithumb ‘Partially Liable’ For a Customer’s Crypto Losses in 2017 Hack


There has been mixed news from the courtroom for one of South Korea’s biggest crypto exchanges – with Bithumb found partially liable for a data leak that led to a customer losing just over USD 27,200 back in 2017. However, the trading platform was absolved of blame in two separate and much larger...

Bithumb Confident of Victory in Disputed USD 67m Tax Bill Case


South Korean market-leading crypto exchange Bithumb may win its USD 67 million legal struggle against the country’s tax authorities, per legal and industry officials. According to the Digital Times, analysts believe that Bithumb has the upper hand in its fight against a tax bill served to...

Bithumb Exchange Owns More Assets Than its Customers


Leading South Korean exchange Bithumb’s own holdings are higher than the sum total of its customer holdings, per a due diligence report. According to Sports Seoul, the report was part of a recent audit completed by Seoul-based auditor Jungin Accounting. The auditor found that the sum total of both...

South Korean Crypto Exchange Bithumb Hoping to Launch IPO


The world of cryptocurrencies in South Korea could be set for a major shake-up with leading cryptocurrency exchange Bithumb hoping to launch an initial public offering (IPO). Per Money Today, Bithumb has already selected Samsung Securities as its host and has “begun work” on the IPO preparation...

Bithumb Delists Monero as Telegram Nth Room Rape Video Anger Festers


South Korean crypto exchanges have said their final farewell to monero (XMR) after Bithumb, the last major trading platform still trading in the token, officially delisted it yesterday. The so-called privacy token has endured a torrid past few weeks in South Korea, after media outlets unearthed...

Bithumb Under Pressure to Delist Monero as Nth Room Ire Continues


South Korean market-leading crypto exchange Bithumb is coming under pressure to delist monero (XMR) cryptocurrency as public outrage over the Telegram Nth room sexual exploitation and rape video case continues to dominate headlines in the country. Per a report from Sisa Journal, the pressure is...

Bisq Attacked, BUX Crypto Launched, Bithumb Got a Black Mark + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Bisq, an open-source, peer-to-peer crypto trading platform, said that an attacker was able to exploit a flaw...

Upbit, Bithumb, Korbit, Coinone Hand Data to Telegram Nth Room Investigators


Police investigating the so-called Telegram “Nth Room” pedophile ring have served search warrants to most of South Korea’s leading crypto exchanges – including the “big four” of Upbit, Bithumb, Korbit and Coinone – as they attempt to track down people who paid to watch video footage featuring...

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