![Bithumb sets sights on IPO to rebalance crypto power](https://crypto.news/app/uploads/2023/11/crypto-news-the-trading-chart-are-rising-blurry-background-low-poly-880x525.jpg)
Bithumb News
Latest Bithumb News
![South Korea to reconsider hundreds of crypto listings under new law: report](https://crypto.news/app/uploads/2023/11/crypto-news-South-Korea-04-880x525.webp)
News
South Korea will review the listings of over 600 tokens on domestic crypto exchanges next month under new regulatory measures. South Korea‘s financial authorities will begin re-evaluating over 600 cryptocurrency listings on domestic trading platforms starting in July, following the…
![AIOZ Network token rises 17% after Bithumb listing announcement](https://crypto.news/app/uploads/2023/12/crypto-news-altcoin-surge-option03-880x525.webp)
News
The AIOZ Network's token has seen a significant surge in market value, climbing over 17% in the last 24 hours to trade at approximately $0.85.
![AIOZ Network](https://coin-images.coingecko.com/coins/images/14631/large/aioz-logo-200.png?1696514309)
![Korean crypto markets hit 2-year trade volume peak](https://crypto.news/app/uploads/2023/11/crypto-news-South-Korea-07-880x525.webp)
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’s annual revenue down by nearly 60% in 2023, report says](https://crypto.news/app/uploads/2023/11/crypto-news-South-Korea-07-880x525.webp)
News
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…
![South Korea to mandate crypto disclosure for 5,800 officials in 2024](https://crypto.news/app/uploads/2023/11/crypto-news-South-Korea-05-880x525.webp)
News
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…
![Bithumb’s ex-chairman might face 8 years in prison](https://crypto.news/app/uploads/2023/07/crypto-news-a-man-gets-out-of-jail-blurry-figure-day-light-sixties-retro-futuristic-illustration-880x525.jpg)
News
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…
![South Korean exchanges double market share in 2023](https://crypto.news/app/uploads/2023/11/crypto-news-South-Korea-03-880x525.webp)
News
In the last two months, traders from South Korea have largely contributed to the active growth in the volume of the cryptocurrency market.
![Bithumb sets sights on IPO to rebalance crypto power](https://crypto.news/app/uploads/2023/11/crypto-news-the-trading-chart-are-rising-blurry-background-low-poly-880x525.jpg)
News
The latest strategy could underscore a trust-centric approach deemed crucial for regaining Bithumb's leading position in the Korean crypto exchange space.
![Young South Koreans prefer XRP to Bitcoin and Ethereum](https://crypto.news/app/uploads/2023/06/crypto-news-cryptocurrency-Ripple-crypto-Xrp-Coin-crypto-coin-with-the-image-of-Ripple-XRP-lies-on-the-tabl-880x525.jpg)
News
Bithumb data shows that young crypto investors in South Korea prefer XRP to Bitcoin (BTC) and Ethereum (ETH)
![Bithumb ex-chair arrested in South Korea](https://crypto.news/app/uploads/2023/02/handcuffs-arrest-detained-880x525.jpeg)
News
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.
![Bithumb faces more woes as Korean authorities accuse it of price manipulationÂ](https://crypto.news/app/uploads/2022/08/South_Koreas_Top_Financial_Regulator_to_Expedite_Crypto_Legislation-880x525.jpg)
News
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 issue warrant for Bithumb owner](https://crypto.news/app/uploads/2022/12/Court-Law-generic-2-1-880x525.jpg)
News
Korean prosecutors have issued an arrest warrant for Kang Jong-Hyeon, the alleged Bithumb crypto and derivatives exchange owner.
![South Korean regulators launch a new investigation into crypto exchange Bithumb](https://crypto.news/app/uploads/2022/08/South_Koreas_Top_Financial_Regulator_to_Expedite_Crypto_Legislation-880x525.jpg)
News
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.
![Former Bithumb chair Lee Jung-Hoon found not guilty](https://crypto.news/app/uploads/2022/12/Court-Law-generic-1-880x525.jpg)
News
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.
![Bithumb executive committee member found dead during investigation](https://crypto.news/app/uploads/2022/08/South_Koreas_Top_Financial_Regulator_to_Expedite_Crypto_Legislation-880x525.jpg)
News
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’s delisting sends shivers through the crypto market](https://crypto.news/app/uploads/2022/12/legislation_regulation_-_generic_3_720.jpg)
News
WEMIX, a cryptocurrency made by Wemade, was taken off the market on Wednesday after a Seoul court denied a request to stop it.