#Bithumb

Bithumb Pledges $8 Million Investment in Busan ‘Regulation Free’ Blockchain Zone

January 9, 2020 by Osato Avan-Nomayo at News

South Korean crypto exchange giant Bithumb is reportedly eyeing a significant investment in the Busan blockchain special zone. The move comes following the platform’s creation of a research and development center. Bithumb to Invest in Busan Blockchain Zone According to South Korea’s Ministry of SMEs and Startups, Bithumb is set...

South Korea: Crypto Exchange Bithumb Establishes Blockchain R&D Center

January 7, 2020 by Aisshwarya Tiwari at Blockchain

Leading South Korean cryptocurrency exchange platform Bithumb has set up a research center to boost its blockchain-based offerings and services, the exchange announced in a blog post, January 7, 2020. Bithumb Looks to Bolster Its Services Bithumb, one of the largest digital currency exchanges in the world per reported trading...

South Korea Slams Crypto Exchange Bithumb With $69.3 Million Tax Bill

December 30, 2019 by Anthonia Isichei at Regulation

South Korea’s tax agency, the National Tax Service (NTS) recently slammed Bithumb, one of the country’s largest cryptocurrency exchanges, with a whopping tax bill of $69.3 million. According to the NTS, the tax bill covered withholding taxes of foreign clients owed by the crypto exchange. In another development, however, South...

Bithumb Seeks Blockchain Platform Partners in India

November 7, 2019 by Edoardo Vecchio at Blockchain

Having hosted the first Bithumb Family Conference on November 6, Bithumb is looking for business partners based in India who decide to create services through their Blockchain Value Network called Bithumb Chain. The news was published by Livemint, November 7. The Bithumb Family Bithumb, one of the largest Bitcoin exchanges...

Bithumb Global Plans to Lobby Indian Government for a Regulated Cryptocurrency Exchange

October 4, 2019 by Ashwath Balakrishnan at Bitcoin

India is the first country to propose going as far as passing legislation to ban the use and custody of cryptocurrencies. In an attempt to open the Indian government's eyes to the potential of public ledger cryptocurrencies, Bithumb has set out to launch a regulated exchange in India, as per...

Bithumb Singapore blimp flying over Singapore city

Bitholic Cryptocurrency Exchange Rebranded as Bithumb Singapore Following Partnership

August 20, 2019 by Edoardo Vecchio at Business, News

According to a press release dated August 20 2019, Singaporean fintech company RDMCHAIN PTE. LTD has successfully rebranded its cryptocurrency exchange from “BITHOLIC” to “Bithumb Singapore” as part of an expansion campaign in partnership with major Korean exchange. New Partnership and Rebranding Singapore-based cryptocurrency exchange BITHOLIC has now officially changed...

A strong bitcoin holding up the weight of South Korea

Korea’s ‘Big 4’ Bitcoin Exchanges Facing Strict AML Scrutiny from Banks

July 30, 2019 by Osato Avan-Nomayo at Regulation

The latest news emerging from South Korea indicates that Bitcoin exchanges are facing a surprisingly increased level of scrutiny of commercial banks amid the renewal of banking services. The revelation comes as the intergovernmental Financial Action Task Force (FATF) continues to urge countries to enact stricter regulatory controls over the...

Terms of service being changed in real time with coloured pens,.

South Korean Crypto Exchanges Update Terms of Service

June 17, 2019 by Ogwu Osaemezu Emmanuel at Exchange, News

Exciting times for South Korean bitcoin and altcoin investors as five local exchanges including Bithumb have revised their terms of service to make it possible for traders to get duly compensated should there be an unforeseen circumstance that leads to loss of funds, even if the security breach is not...

Bithumb wrapping the world with orange blocks

Bithumb Crypto Exchange Launches Perpetual Futures Trading Platform

May 14, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Business, Exchange, Finance, 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....

Binance Hacked Laptop Red SKull and Bones

Binance Hacked, 7,000 BTC Stolen From Hot Wallet

May 8, 2019 by Ashwath Balakrishnan at Bitcoin, Crime, Cybersecurity, Exchange, News

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...

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