#Bithumb News

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...

South Korea Crypto-Exchange Bithumb Reports $180 Million 2018 Losses

April 12, 2019 by Aisshwarya Tiwari at Business, Exchange, Finance, News

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 Korea: Bithumb Exchange Hacked; EOS and XRP Worth Millions Stolen

April 1, 2019 by Aisshwarya Tiwari at Altcoins, Business, Exchange, Finance, News

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?...

South Korean Prosecutors Create Task Force to Combat Crypto Criminals

March 7, 2019 by Nuno Menezes at Crime, News, Regulation, Tech

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...

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