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Step App will close all services on Aug. 21 after four years, telling users to unstake tokens as FITFI faces exchange delistings.
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Upbit opened CAP trading against KRW, BTC and USDT, adding a second major South Korean venue for the Ethereum governance token.
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Upbit adds HOME in KRW and USDT markets, while Bithumb opens won trading for META2 and Paxos stablecoin USDG on Aug. 4.
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Former Tether CIO Richard Heathcote reportedly seeks to sell part of his stake as USDT leads stablecoins and Tether stays private this year.
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South Korean brokerage Kiwoom Securities has entered negotiations to acquire a stake in cryptocurrency exchange Bithumb through a planned purchase of newly issued shares, local media reported on Monday. According to a ChosunBiz report, Kiwoom and Bithumb are discussing a…
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South Korea fined Bithumb 210m won for sending user data overseas without consent and ordered fixes as blockchain privacy rules expand now.
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Bithumb to list Canton (CC) in its KRW market as weak indicators meet fresh protocol updates and wider institutional backing in South Korea.
CC
Canton
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SPX6900 rose as Upbit and Bithumb announced Korean market listings, while Bithumb also opened KRW trading for Spacecoin.
SPX
SPX6900
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Seoul police booked Bithumb CEO Lee Jae-won as a bribery suspect over alleged job favors tied to lawmaker Kim Byung-kee’s son in Korea today
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South Korean police have reportedly searched Bithumb’s offices as part of an investigation into allegations that independent lawmaker Kim Byung-gi used his political influence to help secure employment for his son at cryptocurrency companies. According to a Monday report from…
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Bithumb signs an SSID partnership to explore a licensed Vietnam crypto exchange as regulators push trading toward local platforms this year.
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South Korea’s Seoul Administrative Court has granted Bithumb a temporary reprieve from a six-month suspension, allowing the exchange to continue operating while the case proceeds. According to Yonhap News Agency, the court’s 2nd Administrative Division under Judge Gong Hyeon-jin approved…
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South Korean financial regulators have issued a multi-billion won fine and a three-month business suspension against Coinone following a probe into systemic anti-money laundering failures. The Korea Times, Chosun, and Yonhap News reported on Monday that the Financial Intelligence Unit…
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The South Korean central bank has called for cryptocurrency exchanges to implement their own “circuit breakers” to pause trading and prevent market panic after a clerical error at Bithumb led to the accidental transfer of $42 billion in Bitcoin to…
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Crypto exchange Bithumb has initiated legal proceedings against several users to recover the remaining 7 Bitcoin missing from the massive payout error in February. The South Korean crypto exchange has reportedly filed for provisional seizures, which will allow it to…
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Crypto exchange Bithumb is reportedly delaying plans for its IPO until after 2028, according to local media. Per a report from Maeil Business News Korea citing a Bithumb official, the South Korean crypto exchange is set to “focus on preparing…
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