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The shut down of a major crypto exchange in South Korea in April showed the impact a prolonged bear market could have on crypto businesses. 4 of South Korea’s top 5 exchanges recorded big net losses Go to Source Powered by WPeMatico
Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.2% over … Read more
The CEO of Blockchain Exchange Alliance — which has a controlling stake in major South Korean crypto exchange Bithumb — has revealed plans to expand to the U.S. and Japan Go to Source Powered by WPeMatico
Bithumb has managed to freeze a major part of the stolen funds in collaboration with other exchanges and local police, but details of the hack are still sketchy. Learn more here Go to Source Powered by WPeMatico
$200 million for Bithumb parent company sees expansion plans confirmed Go to Source Powered by WPeMatico
Bithumb’s latest hack has been followed by a full audit to restore user confidence Go to Source Powered by WPeMatico
Despite healthy sales growth, exchange Bithumb still suffered major losses last year, the company says Go to Source Powered by WPeMatico
Crypto exchange Bithumb was hacked, again, this week, while the U.S. has delayed their Bitcoin ETF rule change decision, also again Go to Source Powered by WPeMatico
It would appear the cryptocurrency exchange industry is far from drama-free at this time. Although there are numerous companies operating without problems, the same cannot be said for Bithumb. Once South Korea’s largest exchange, it has now become a seemingly prone target for hackers and criminals. The company confirmed a new heist which will spark … Read more
Bithumb has reported unusual withdrawal activity, saying they are working with law enforcement on the issue Go to Source Powered by WPeMatico
