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South Korean cryptocurrency exchange Bithumb mistakenly distributed approximately 620,000 bitcoins, worth around $44 billion, to 695 customers during a promotional event. The company quickly acted to restrict trading and withdrawals,…
Liquidity on South Korea’s cryptocurrency exchanges looks deceptively simple on the surface, but Kaiko Research finds that beneath the headline volumes lies a far more nuanced—and occasionally unforgiving—market structure. South…
Hybrid layer-2 blockchain Build on Bitcoin (BOB) experiences dramatic price surge following major korean cryptocurrency exchange debut. Hybrid Layer Two (L2) blockchain Build on Bitcoin (BOB) was listed on South…
TL;DR A low-cap cryptocurrency posted solid gains after Bithumb said it will launch trading services with it. Most recently, the company suffered a technical outage that paused all operations for…
TL;DR HYPER neared its ATH after backing from South Korea’s top crypto exchanges. Upbit’s listing history shows a pattern of triggering explosive rallies, with coins like MOODENG, RVN, and TRUMP…
TL;DR Three low-cap altcoins experienced significant rallies after being embraced by Upbit and Bithumb. This isn’t the first time Korean exchanges have driven price pumps – Ravencoin (RVN), Pocket Network…
Bithumb is breaking itself in two as it races toward an IPO, carving out its exchange and investment units to streamline operations and court investors. Bithumb’s Corporate Split Sets Stage…
South Korean prosecutors have launched an investigation into Bithumb over allegations that company funds were misused to purchase an apartment for its former CEO. The Seoul Southern District Prosecutors’ Office…
Bithumb, one of the largest cryptocurrency exchanges in Korea by trading volume, has signed a sponsorship deal with FC Seoul. This initiative, which marks the exchange’s eighth project aimed at…
Bithumb, one of South Korea’s largest cryptocurrency exchanges, is considering a listing on the U.S. Nasdaq exchange after shelving its initial plans for an IPO on the South Korean KOSDAQ…