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 […]
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 […]
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 […]
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 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 […]
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. […]
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.
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 […]