Bithumb has taken the South Korean National Tax Service to court over a multi-million dollar tax levy.
BitHumb News
BitHumb is one of the most popular cryptocurrency trading platforms in South Korea. The BitHumb exchange was founded by BTC Korea.com LTD company in 2013 and now is headquartered in Seoul. BitHumb is one of the leaders among the cryptocurrency trading companies in South Korea and Japan in terms of trading volume. Almost all options of BitHumb are oriented on Asian countries. Almost all popular cryptocoins are available, but the only available fiat currency there is the Korean Republic’s won. BitHumb fees for transactions are about $0.15 and don’t depend on the transaction’s amount. The platform has a difficult process of verification and other security properties. Nevertheless, the exchange was hacked in 2017 and it affected three percent of users. However, it was not a problem of security, as the access was made from a BitHumb employee’s PC.
- News
- News
Bithumb shows interest in a 10 billion won investment into South Korea’s regulatory free zone in Busan.
- News
South Korean cryptocurrency exchange Bithumb establishes its own research and development center.
- News
Major South Korean crypto exchange BitHumb considers administrative litigation over $68.9 million tax bill.
- Hodler’s Digest
by Thomas Simms
Binance and Bithumb deny their Shanghai offices have been raided by Chinese police, and Bitcoin completely wipes out the gains from its October rally.
- News
by Joeri Cant
South Korean cryptocurrency exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices.
- Press Release
Bithumb Family successfully hosted their first Bithumb Family Conference in Seoul on November 6th, 2019.
- News
by Helen Partz
South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India, a report says.
- News
Overseas investors are reportedly likely to step in to acquire South Korean crypto exchange Bithumb due to alleged difficulties with payments in its existing ac...
- Follow up
Binance allegedly fell victim to security breach recently that saw the miscreant make off with a lot of the firm’s sensitive KYC data...
- News
by Thomas Simms
Shinhan Bank, one of South Korea’s biggest, says it is implementing “preventive measures so that customers will not be harmed in the future.”
- News
Korean crypto exchange Bithumb has been prosecuted for its alleged failure to take adequate measures to protect personal data, allegedly leading to a subsequent...
- Analysis
by Joseph Young
Not six, but now seven crypto exchanges have been hacked so far in 2019. How can cyber attacks be avoided and addressed in the future?
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