# Bithumb News

Bithumb Global, a leading South Korean bitcoin trading platform and crypto exchange, has announced the launch of its global digital assets exchange service that will support multiple fiat currency trading pairs and a perpetual futures trading with up to 100x leverage, according to a press release on May 13, 2019....

Crypto hackers struck again as 7,000 BTC was stolen from Binance's hot wallet. Tthe exchange reported on May 8, 2019, that hackers were able to obtain a large number of API keys, 2FA codes, and other user information to execute their attack. Binance's SAFU Breached Binance discovered a large scale...

South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018...

South Korean cryptocurrency exchange Bithumb on March 30, 2019, announced that it recently observed “abnormal withdrawal” of crypto holdings from the company’s hot wallet, an incident its employees orchestrated the firm suspects. Notably, the company claims that all its customer’s funds are secure in cold storage wallets. An Inside Job?...

Seoul prosecutors announced on March 5, 2019, that they are forming a "Task Force" with the sole purpose of fighting off crypto and fintech-related crimes of fraud as reported by the country’s News1 Agency. Crime Fighting in Korea To fight off an 800 percent increase in crypto-related and fintech-related crimes...