Bithumb News

In Q1 2024, Korean crypto markets witnessed their highest trade volume in over two years, with KRW overtaking USD in cumulative trade volume, Kaiko says. Trade volume in Korean crypto markets soared to its highest level in over two years…

Bithumb disclosed an operating loss of 14.9 billion won ($11 million) in 2023, citing a 58% revenue drop and Q4’s fee-free policy as contibuting factors. South Korea’s cryptocurrency exchange Bithumb has revealed an operating loss of 14.9 billion won (~$11…

Nearly 6,000 South Korean officials will be required to disclose their crypto holdings in 2024 as the country wants to enhance transparency and accountability within the public sector. In a press release on Dec. 27, South Korea’s Ministry of Personnel…

Prosecutors have asked for an eight-year sentence for former Bithumb Chairman Lee Jung Hoon, who is charged with violating the law for certain economic crimes. The 5th criminal division of the Seoul High Court held an appeal hearing on the…

In the last two months, traders from South Korea have largely contributed to the active growth in the volume of the cryptocurrency market.

The latest strategy could underscore a trust-centric approach deemed crucial for regaining Bithumb's leading position in the Korean crypto exchange space.

Bithumb data shows that young crypto investors in South Korea prefer XRP to Bitcoin (BTC) and Ethereum (ETH)

Kang Jong-hyun, the de facto proprietor of the local cryptocurrency exchange Bithumb, has been reportedly arrested by South Korean prosecutors for alleged stock manipulation and embezzlement.

South Korean authorities have raided Bithumb’s premises over allegations of price manipulation of locally-issued GoMoney2 and Pixel tokens, as well as fraudulent transactions. A few days after reports emerged that South Korea’s National Tax Service (NTS) had launched investigations into…

Korean prosecutors have issued an arrest warrant for Kang Jong-Hyeon, the alleged Bithumb crypto and derivatives exchange owner.

Bithumb, a South Korean crypto exchange, has recently caught the attention of the country's tax and legal authorities. The tax authorities have decided to initiate a "special" investigation into the business practices of the exchange.

After being accused of fraud, Lee Jung-hoon, the former head of the bitcoin exchange Bithumb, was declared not guilty on January 3 by the 34th Division of the Criminal Division of the Seoul Central District Court.

A vice president of Vident, a division of the virtual currency exchange Bithumb, was discovered dead today in front of his residence in Dongjak-gu, Seoul, South Korea.

WEMIX, a cryptocurrency made by Wemade, was taken off the market on Wednesday after a Seoul court denied a request to stop it.

Nexon Group, a multi-billion dollar gaming conglomerate based in South Korea, is reportedly preparing to acquire Bithumb, the country’s largest cryptocurrency exchange, for a price tag of close to $500 million. Nexon to Get 65% of Bithumb’s Stake The news…

Today, South Korean cryptocurrency exchange Bithumb Global celebrates its first anniversary as it continues to meet the ever-increasing demand for digital assets. Established in 2019 during the boom period in the cryptocurrency industry, Bithumb Global has quickly established itself as…