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Morgan Stanley Rules out M&A Deal for Bithumb, Binance Is 'Always Open'


The American investment banking powerhouse Morgan Stanley has dismissed reports linking it to a possible M&A deal for the South Korean market-leading crypto trading platform Bithumb as “unfounded.” Meanwhile, Binance reiterated that they're always open for possible partnerships. Per the South...

Deutsche Bank, Visa, Binance, Naver Eye Deal for Bithumb – Report


Rumors appear to be hotting up as rival players – including the likes of Deutsche Bank, Visa, Binance and the search engine operator Naver – have reportedly held talks about buying minority or controlling stakes (or possibly even taking over) Bithumb, South Korea’s biggest crypto exchange. As...

Morgan Stanley Rumored to Negotiate Bithumb Deal


US-based major investment bank Morgan Stanley is in negotiations to buy a stake in South Korean leading crypto exchange Bithumb, per local media reports. It was reported by Asiae and Naver, citing an undisclosed source within Bithumb. Accounting firm Samjong KPMG, an M&A advisor for Bithumb...

Crypto Exchange Bithumb: Beware Bogus Brokers Posing as Our Staff


South Korea’s market-leading crypto exchange Bithumb said it will crack down on unscrupulous bogus brokers who pretend to be members of its staff and approach blockchain operators to discuss listing options for their tokens – before scamming them by demanding “listing fees.” Per Fn News, a growing...

Bithumb Must Compensate BTC Address Book Mixup Customers – at 2018 Prices


Bithumb, South Korea’s market-leading crypto exchange, has been ordered to pay compensation to the victims of a 2018 “accidental” bitcoin (BTC) “withdrawal” mishap that left them out of pocket. But in a sting in the tale, the presiding judge ordered the payment to be made in fiat – at rock-bottom...

Bithumb Boss: Only 4-7 Korean Crypto Exchanges Will Survive Regulations


The CEO of Bithumb Korea, the domestic wing of the South Korean market-leading crypto exchange Bithumb, has predicted that after soon-to-promulgate regulations kick in, there will only be between four and seven exchanges left standing. There are currently almost 50 crypto trading platforms in...

Gaming Firm Outbids Rival in Battle for Control of Bithumb – Report


The deal to acquire a controlling stake in Bithumb, South Korea’s market-leading crypto exchange, is not yet done – with another gaming giant wading into what could develop into a bidding war for the trading platform. Per ZDNet Korea, NCSoft, a South Korean video game developer known for...

Bitstamp, Korbit Owner Set to Take Control of Bithumb Crypto Exchange


The owner of Nexon, the South Korean gaming giant and the owner of the Bitstamp and Korbit crypto exchanges has reportedly agreed a deal worth USD 458 million to buy a controlling stake in Bithumb, the nation’s market-leading trading platform. Bithumb has been looking for a sale for several months...

Huobi Eyes Bithumb Takeover Deal – Report


Chinese crypto exchange heavyweight Huobi could be set to snap up a controlling stake in Bithumb, South Korea’s biggest trading platform – in a deal that could create an Asian trading behemoth. Per a report from The Bell Korea, an unnamed investment banking source believed to be close to the deal...

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