Articles of Bithumb,

Koreans don't love Bitcoin anymore? Trading volume of the two major exchanges fell by nearly 70%

The trading volume of UPbit and Bithumb, the two crypto exchanges with the largest daily trading volume in South Korea, have fallen by 70% and 63% respectively since 2018. According to an electronic announcement by the Korean Financial Supervisory Service (FSS), the annual profit of UPbit's parent company Dunamu fell 93% year-on-year to $ 7.4 […]

Why South Korea's top crypto exchanges delisted cryptocurrencies on a large scale

Source / LongHash Recently, Bithumb and UPbit, the two largest crypto exchanges in South Korea with the highest trading volume, have taken the decision to suspend multiple cryptocurrencies, suspend trading, or issue investment warnings. What is the reason? On February 28, UPbit suddenly announced that it would delist 17 cryptocurrencies. The main reason why most […]

South Korean tax bureau withholds 80.3 billion won in taxes from Bithumb exchange

The Korea Revenue Agency (NTS) will withhold taxes from the country's largest cryptocurrency exchange, Bithumb, for 88.3 billion won ($ 70 million). According to Coindesk, Vidente, the largest shareholder of Bithumb Holdings, the operator of the Bithumb Korea exchange, confirmed the amount and said it would tax its foreign customers. But this is actually very […]

Pick up IEO! Can Sthum's new gameplay at Bithumb Global Station create the next wave?

On the afternoon of October 21st, Bitumumb Global Station CMO Sunny was the guest node (ChainNode) for AMA – "Do not spend money, grab the first start? No need to subscribe to the BG Staging game to reveal the secret!", answer community users to BitHumb Global and BG Staging Various questions. (View AMA details ) […]

The pace of competition is accelerating, how can the new exchange break with the finer operations?

The cryptocurrency exchange is still a good business. Recently, the Currency Exchange announced the eighth BNB quarterly destruction report. The number of tokens destroyed exceeded 800,000, with a total value of more than 23 million US dollars. The fire currency also quickly disclosed the HT repurchase data for the second quarter of this year. The […]

Bank of Korea strengthens monitoring of anonymous transactions in cryptocurrencies or related to new FATF regulations

According to local media reports in South Korea, South Korea's second-largest financial group, Shinhan Bank, plans to impose stricter regulations on cryptocurrency users' accounts, with the goal of completely abolishing anonymous cryptocurrency transactions in Korea. . According to reports, the bank will take “special measures” and assign specialists to analyze exchange accounts and check transactions. […]

Korea Exchange Bithumb enters STO field

Abstract: Bithumb, Korea's largest digital currency exchange, has teamed up with the nation's leading STO crowdfunding platform seriesOne to develop the Security Token exchange.

After many times of theft, the Korean exchange Bithumb lost $180 million last year.

Bithumb, the South Korean exchange that was attacked again last month, announced that it lost $180 million in 2018. According to local media reports, the exchange was suffering from the decline in trading volume and the cryptocurrency bear market effect. However, Bithumb said that its operating conditions have improved in recent times: Trading volume has […]