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Seoul police reportedly investigating South Korea's largest crypto exchange Bithumb
2.9.2020
Another exchange in South Korea comes under the police spotlight
Police Raid South Korean Crypto Exchange Bithumb - Reports
2.9.2020
Police in South Korea are reportdely searching the headquarters of Bithumb, the nation’s biggest crypto exchange per trading volume as part of an investigation into fraud and embezzlement.
Per Newsis and Seoul Shinmun, officers from the Seoul Metropolitan Police Agency’s Intelligence Unit raided...
Bithumb ‘Partially Liable’ For a Customer’s Crypto Losses in 2017 Hack
2.9.2020
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...
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
Bithumb Confident of Victory in Disputed USD 67m Tax Bill Case
28.7.2020
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
16.7.2020
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...
Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from ‘High-Risk Addresses’
16.7.2020
A recently published report from the research and analysis firm Peckshield indicates that during the last two quarters of 2020, cryptocurrency exchanges accepted 147,000 BTC ($1.3 billion) from high-risk addresses. During the last few years, blockchain research and surveillance firms have been...
Bithumb Exchange to Reportedly File for IPO in South Korea
24.6.2020
The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty
South Korean Crypto Exchange Bithumb Hoping to Launch IPO
24.6.2020
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 Shares Insights on That $2.6M ETH Transaction
10.6.2020
According to Bithumb, the Ether that paid a $2.5 million transaction fee ended up in its coffers
Inflation-Busting Cryptocurrency Zimbocash Receives Listing on Bithumb
22.5.2020
Zimbabwe’s Zimbocash project got closer to its goal of providing a sound-money alternative to the hyperinflation of the local currency
Bithumb Delists Monero as Telegram Nth Room Rape Video Anger Festers
15.5.2020
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...
Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets
18.4.2020
During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto...
Bithumb Under Pressure to Delist Monero as Nth Room Ire Continues
10.4.2020
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
8.4.2020
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...
Weeks After Bitcoin’s Record Deleveraging, Bithumb Launches 5x Margin Trading
7.4.2020
Citing customer demand, Bithumb Global has introduced 5x margin trading just weeks after the largest deleveraging event in the history of the Bitcoin
Bithumb Global Launches Margin Trading for Bitcoin and Ether Pairs with Tether
3.4.2020
Bithumb Global rolls out margin trading for international users, urging traders to keep their strategies “appropriate” to their financial situation
Upbit, Bithumb, Korbit, Coinone Hand Data to Telegram Nth Room Investigators
24.3.2020
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...
Bithumb Partners With Chainalysis Amid Tightening Korean Regulations
11.3.2020
Korean exchange Bithumb has partnered with Chainalysis to monitor transactions and ensure compliance with new South Korean regulations
Bithumb Taps Chainalysis for FATF-Grade Crypto Investigation Tool
10.3.2020
The Bithumb exchange is tapping investigative tools offered by Chainalysis just a week after South Korea voted for tough new laws around the space