News with the tag "Bithumb"

A survey carried out on March 21st across five South Korean crypto exchanges revealed that the number of domestic crypto investors increased by over 50% last year. The amount of crypto owned by South Korean investors is currently worth over 105T won. According to reports from local media outlet Dong...

Get ready for a new opportunity in the crypto market! South Korean exchange giant, Bithumb, has just announced a significant update that’s sure to pique the interest of traders. Prepare for the launch of the ACX/KRW spot trading pair, set to go live on March 22nd. This exciting development opens doo...

In a stunning development shaking the South Korean cryptocurrency landscape, Bithumb, a leading crypto exchange, has become the center of a high-stakes investigation. Seoul prosecutors have launched a raid on the exchange, acting on allegations of significant fund misuse by its former CEO. This move...

South Korean prosecutors have launched a formal investigation into Bithumb , one of the country’s largest cryptocurrency exchanges, over allegations that company funds were misused to facilitate an apartment purchase for its former CEO. The Seoul Southern District Prosecutors’ Office executed a sear...

Prosecutors in South Korea have launched an investigation into Bithumb, one of the country's largest cryptocurrency exchanges, over claims that company funds were improperly used to assist a former executive in purchasing an apartment. Officials from the Seoul Southern District Prosecutors’ Office r...

Bithumb is reportedly under investigation by Korean prosecutors for allegedly using company money to support the former CEO’s apartment purchase. South Korean prosecutors have reportedly raided the headquarters of cryptocurrency exchange Bithumb over allegations that the company’s funds were used to...

In a significant development for the South Korean crypto market, Bithumb, a leading cryptocurrency exchange in the nation, has announced the extension of WEMIX’s designation as a closely monitored asset . This decision, revealed on Bithumb’s official website, has sparked considerable discussion and ...

In a dramatic turn of events for LOOM Network holders, two of South Korea’s leading crypto exchanges , Upbit and Bithumb, have jointly announced the designation of LOOM as a closely monitored asset. This significant decision, revealed on their official websites, sends ripples through the crypto comm...

In a move signaling a robust commitment to regulatory compliance, Bithumb, one of South Korea’s leading cryptocurrency exchanges, has strategically onboarded two former team leaders from the nation’s Financial Supervisory Service (FSS). This development arrives at a crucial juncture for the crypto i...

The recent popularity of XRP for US traders also pointed to another crypto event. South Korean exchanges, and especially Upbit, accumulated XRP aggressively. Currently, Upbit still carries more XRP than Binance. Upbit built up the biggest balances of XRP, even surpassing Binance. The South Korean ex...