Cryptonews Tags Bithumb

# Bithumb (Page 6)

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...

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...

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 the...

NCSoft Denies It Made a Bid for Control of Bithumb

NCSoft, a South Korean video game developer known for its Lineage series of gaming titles, confirmed to Cryptonews.com that they have not submitted a bid for a controlling stake in Bithumb, South Korea’s market-leading crypto exchange. (Updated on January 11: updates throughout the entire...

Bitstamp, Korbit Owner Set to Take Control of Bithumb – Report

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

Order Book Sharing Ban Could Shake South Korean Exchanges to the Core

New government regulations that will force South Korean crypto exchanges to cease order book sharing with overseas trading platforms could have a seismic effect on the crypto players in the country - and the issue is reportedly the main reason why major player Binance is set to close down its...

Huobi Interested in 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...

Binance Convinces DeFi Scammer To Return Funds + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Exchanges newsBinance announced that its Security team helped recover 99.9% of an estimated USD 345,000 worth of funds stolen as the...

, by Sead Fadilpašić

South Korean MP Calls Tax Authority’s Bithumb USD 67m Bill ‘Baseless’

South Korean trading platform Bithumb has won a powerful supporter in its quest to fight an unprecedented multi-million tax bill after an MP and parliamentary finance committee member claimed the nation’s tax authority’s USD 67m tax bill – served to the crypto exchange late last year – has no legal...

Crypto Exchange Bithumb ‘Not Liable’ for Customer’s USD 401,000 Losses

The South Korean market-leading crypto exchange Bithumb has won its legal struggle against an investor who accused it of negligence, claiming he lost USD 401,000 in cash after a 2017 data breach.Per news agency Yonhap, a man identified only as “Mr. A” for legal reasons, alleged that he...

Broker Confirms that Bithumb is up for Sale, Big Players ‘Interested’

An accounting firm has confirmed that Bithumb, South Korea’s major crypto exchange, is up for sale.As reported yesterday, the troubled Bithumb Holdings, which owns over 70% of the exchange is actively looking for a buyer. Accounting firm Samjong KPMG, a joint-venture firm that includes Dutch...

Bithumb Operator Wants At Least USD 430m For Its Stake In Exchange – Report

One of the biggest crypto exchanges might be sold as South Korean market-leader Bithumb is reportedly looking for a buyer.Per Herald Kyungjae, undisclosed investment banking sources have told the media outlet that Bithumb operator Bithumb Holdings is actively looking for a way out of the market....

Police Summon Bithumb Chairman for Questioning on Suspicions of Fraud

Police in South Korea have brought in the chairman of the nation’s leading crypto exchange Bithumb for questioning on suspicions of fraud and embezzlement.Per news agency Yonhap news, an intelligence unit of the Seoul Metropolitan Police Agency, has decided to question Lee Jung-hoon, 44, the...

Alibaba Accelerates in Blockchain Patent Race + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Blockchain news More blockchain-related patents were published in the first half of 2020 than in all of 2019, a year that had already...

Kraken Bank Starts Its Global Expansion From US + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Exchanges newsUS-based major crypto exchange Kraken said that the State of Wyoming has approved Kraken’s application to form the...

, by Linas Kmieliauskas

Seoul Police Conduct Second Raid on Crypto Exchange Bithumb

Police in Seoul, South Korea, have conducted a second raid in the space of just five days on Bithumb, the country’s market-leading crypto exchange.Per media network KBS, the Seoul Metropolitan Police Agency’s intelligence unit said that it had raided two offices belonging to Bithumb...

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