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The fall of the Dogecoin price below $0.40 triggered a surge in its trading volume and leading South Korean exchanges are profiting from it. Dogecoin (DOGE) declined by 5% in the past 24 hours and is trading at $0.385 on…
News
More than 185 South Koreans in their 20s own over $750,000 worth of digital assets each, based on data from Upbit and Bithumb. As reported by Maeil Business Newspaper on Oct. 3, South Korean-based crypto exchanges Upbit and Bithumb submitted…
BTC
Bitcoin
News
Crypto exchange Bithumb is pursuing an initial public offering on the Nasdaq stock exchange in the U.S., aiming for a listing in the second half of next year. Bithumb, one of South Korea’s largest crypto exchanges, is reportedly considering going…
News
South Korea is set to introduce a supervisory six-figure fee for the nation’s crypto exchanges based on their operating revenue. Korean crypto exchanges, such as Upbit, Bithumb, and Coinone, will soon be obligated to pay an oversight fee to the…
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…
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
AIOZ Network
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…
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…
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…
BTC
Bitcoin
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…
News
In the last two months, traders from South Korea have largely contributed to the active growth in the volume of the cryptocurrency market.
News
The latest strategy could underscore a trust-centric approach deemed crucial for regaining Bithumb's leading position in the Korean crypto exchange space.
News
Bithumb data shows that young crypto investors in South Korea prefer XRP to Bitcoin (BTC) and Ethereum (ETH)
XRP
XRP
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.
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…
News
Korean prosecutors have issued an arrest warrant for Kang Jong-Hyeon, the alleged Bithumb crypto and derivatives exchange owner.
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