Tagged: bithumb

Bithumb Announces Launch of New Global Cryptocurrency Exchange

Bithumb announced on Monday the launch of its new global cryptocurrency exchange. According to Bithumb, the exchange will be incorporating multiple fiat currency trading pairs, as well as perpetual futures trading, with leverage up to 100 times. Bithumb explained: “The Open Beta version allows users… Read More

Back Door to Legitimacy or Exit Move? Crypto Businesses Using Shortcuts to IPOs

According to Reuters, crypto-exchange software maker ANX International purchased a controlling stake in Hong Kong-listed marketing firm Branding China last year, and said that the company’s new status as a publicly-traded company granted clients, “additional confidence in knowing we are a credible company and here… Read More

E-Cash Laws Do Not Apply: Korean Courts Find Bithumb Crypto Exchange Not Responsible for Customer Funds Lost in Hack

The Jury by John Morgan Trial Court Judge Law

The importance of storing one’s cryptocurrency safely was highlighted in South Korea this week when a court there decided that Korean crypto exchange Bithumb is not liable for customer funds hacked from an account there, Han Kyung reports. According to the outlet, an investor with… Read More

Bithumb Celebrates Fifth Anniversary

The global cryptocurrency stock exchange Bithumb announced on Friday it is holding its third commemorative event in celebration of its fifth anniversary. The platform reported that the ‘Super Airdrop Festival’ event has two parts, the Login Event, and Air Drop Event, and is open to anyone who is… Read More

Bithumb Adds Bezant to Cryptocurrency Exchange

Bezant Foundation announced on Thursday its key currency Bezant (BZNT) of its blockchain platform will be listed on South Korea-based cryptocurrency exchange, Bithumb. Wallets are officially opened and the token is available for trading. Bezant describes itself as a Blockchain as a Service (BaaS) that aims to… Read More

seriesOne Announces Joint Venture With Global Crypto Exchange Bithumb

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seriesOne, a blockchain based fintech firm, announced on Thursday it has formed a new partnership with global crypto exchange Bithumb. seriesOne reported that under the terms of the agreement, it and Bithumb will form a joint venture intended to create a new exchange in the U.S. that… Read More

South Korean Cryptocurrency Bithumb Holds Event to Payback 70% of Transaction Fees For Overseas Users

On Monday, South Korean-based cryptocurrency exchange platform Bithumb announced it payback 70% of transaction fees for overseas users to show appreciation for the users’ support and loyalty. According to the platform, this event, Cryptocurrency Transaction Fee payback promotion, is being held from October 22nd to November 21st and… Read More

South Korean Government Reps Reaffirm Anti-ICO Stance

South Korean Finance Minister, Yong-Joo Park told auditors from the Finance Committee of the Yeouido National Assembly in Seoul this morning that ICOs (initial coin offerings) pose undue risks to investors and should not be equated with blockchain, Yonhap News reports. “The government does not… Read More

Korean Cryptocurrency Exchanges Lose Special Tax Status and Designation as Venture Firms

Cryptocurrency exchanges in Korea say their international competitiveness and ability to attract investors will be adversely affected by a recent Korean government decision to revoke their special status as venture firms, Business Korea reports. The change will affect all exchanges registering as business from this… Read More

Korean Cryptocurrency Exchange Bithumb Bans Transactions from Blacklisted “Non-Cooperative Territories”

South Korea’s largest cryptocurrency exchange and the fifth largest exchange in the world has announced it will cut off new and existing users trading from 11 countries identified by the Financial Action Task Force (FATF) as lax on money laundering and terrorist financing. Effective May… Read More

Bithumb, South Korea’s Largest Cryptocurrency Exchange, is Killing it

Bithumb recently had its audit report published in the Korean Financial Supervisory Services disclosure system and the information provided is enlightening. Bithumb was said to be holding just shy of $6 billion in crypto at the end of 2017. Sure, prices have fluctuated since that… Read More

South Korea Said to Ban Anonymous Cryptocurrency Transactions Later this Month

A report by Yonhap News says the South Korean government will ban all anonymous transactions in cryptocurrencies as soon as January 20th.  According to the article, only real name bank accounts will be allowed for deposits and transactions on exchanges. Simultaneously, new virtual cryptocurrency accounts… Read More

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