Bithumb Koreas Fiscal Performance in 2023 Plummets Despite Rising Trading Volume: Report

Bithumb's strategic move to eliminate trading fees may have backfired.

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Bithumb Designates SANTOS, PORTO, and LAZIO Tokens as Investment Warning Assets

Bithumb has announced new Investment Warning designations for SANTOS, PORTO, and LAZIO tokens due to low liquidity and manipulation risks. (Read More)

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Bithumb Splits Exchange and Investment Units as It Prepares for Kosdaq Listing

Bithumb restructures operations, forming Bithumb A for investments, as it prepares for a Kosdaq IPO following a $95M profit rebound in 2024.

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Bithumb to Terminate Trading Support for Orbit Chain (ORC)

Bithumb, following the decision of the Digital Asset Exchange Joint Consultative Body (DAXA), will terminate trading support for Orbit Chain (ORC) to protect investors. The schedule for trading and withdrawal has been announced. (Read More)

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Bithumb Sees Dramatic Turnaround with $89 Million Operating Profit in 2024 Amid Growing Crypto Adoption in South Korea

South Korea’s second-largest cryptocurrency exchange, Bithumb, has turned around impressively during 2024, and it now finds itself in the black, with operating profits of $89 million and a reported net profit of $110 million. Just last year, in 2023, the exchange suffered a gigantic operating loss, so the profits this year mark an increase of [...]

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Upbit Suspension Frozen by Court, Crypto Giant Back in Action

A South Korean court has temporarily halted a regulatory suspension imposed on Upbit, allowing the crypto exchange to resume new user registrations. The Financial Intelligence Unit (FIU) had earlier barred Upbit from onboarding clients, citing policy violations. However, the court granted an injunction that delayed enforcement of the ban until 30 days after the final […]

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Allegations Rock Upbit Over Alleged $10M Listing Fees

South Korea’s top crypto exchanges Upbit and Bithumb are in troubled waters over charging hefty fees for token listing. In the explosive Wu Blockchain report, several crypto projects have allegedly paid fees to the tune of $2 million and $10 million. Those crypto projects have also alleged links with Upbit’s shareholders and market makers, raising […]

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Bithumb raided by South Korean prosecutors over embezzlement suspicion

Bithumb raided over ex-CEO’s $2M embezzlement for apartment. Listing fee rumours add scrutiny as Bithumb eyes IPO in 2025. The probe threatens Bithumb’s reputation and public market debut. Seoul’s Southern District Prosecutors’ Office on March 20 reportedly raided the offices of the Bithumb crypto exchange in South Korea, igniting a fresh wave of scrutiny over […]

The post Bithumb raided by South Korean prosecutors over embezzlement suspicion appeared first on CoinJournal.

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Heres why Bubblemaps (BMT) price soared 110% today

Bubblemaps (BMT) has spiked more than 110% in the past 24 hours, climbing from lows of $0.12 to intraday highs of $0.29. This put BMT ahead of Mubarak (MUBARAK) and API3 (API3) in terms of 24-hour performance. Binance and Bithumb news are likely catalysts for Bubblemap’s price rally. Bubblemaps’ native token BMT has surged by […]

The post Heres why Bubblemaps (BMT) price soared 110% today appeared first on CoinJournal.

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Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities

According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency exchanges including Upbit, Bithumb, Coinone, Korbit, and Gopax have created compliance systems to monitor illegal [...]

The post Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities appeared first on Crypto Breaking News.

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FLOKI Token Makes Its Debut On Tokocrypto, Indonesia’s Premier Crypto Exchange

In an exciting development for the crypto community, FLOKI, the crypto token named after Elon Musk’s beloved Shiba Inu puppy, has made its way to Tokocrypto, Indonesia’s largest crypto exchange.  The announcement was met with great enthusiasm, as crypto enthusiasts across the nation eagerly await the opportunity to trade the newly listed token. Tokocrypto wasted no time […]

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Hour-long Block Halt On Avalanche Network Causes Korean Exchange Suspensions

The Avalanche C chain, a blockchain platform, has faced an hour-long block production halt, as per reports from earlier today. According to the Avalanche blockchain browser, the latest block time is 7:26 UTC+8, with a block height of 27788298. However, it has been resolved, according to the latest update. As a result of this, several […]

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Bithumb Announces New Trading Pair For SHIB

What – In a recent announcement, Bithumb, one of the leading cryptocurrency exchanges, has revealed a new trading pair for SHIB. Why – SHIB has [...]

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Bithumb Adds Shiba Inu To Trade Against Korean Won

A new Shiba Inu trading pair has been listed in the Korean crypto exchange Bithumb, which will be traded against the republic’s national currency, the South Korean Won. The listing follows the token gaining entry in Upbit, another leading South Korean cryptocurrency exchange, which has announced that its users will be able to start trading […]

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South Korean Actress Park Min-young Investigated in Bithumb Embezzlement Case

Korean actress Park Min-young has been summoned for questioning regarding her possible involvement in the Bithumb embezzlement case.

The post South Korean Actress Park Min-young Investigated in Bithumb Embezzlement Case appeared first on BitPinas.

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South Korean Prosecutors Arrest Bithumb Executive Over Misappropriation of Funds

The Bithumb executive faces multiple allegations, including illicit transactions, market manipulation, and negligence.

Continue reading South Korean Prosecutors Arrest Bithumb Executive Over Misappropriation of Funds at DailyCoin.

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Bithumb owner arrested in South Korea over alleged embezzlement

The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested.

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Total crypto market cap rises above $1T, and data suggests more upside is in store

Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care.

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Bithumb’s XRP Power Play: Over 260 Million Coins Transferred Amid Controversy

In a stunning display of crypto-currency prowess, anonymous power players known as “whales” have made massive moves in the XRP market.  According to data from Whale Alert, these whales have transferred a staggering 260 million XRP in a matter of days. The largest transfer was reportedly made by the Bithumb exchange, whose owner is currently […]

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Bithumb Offices Raided as Legal Woes Pile up (Report)

The raid centers around suspected price manipulation of an unidentified coin.

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