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.

South Korea’s Crypto Market Overview: How Largest Banks and Conglomerates Back Exchanges

18 HOURS AGO | by Joseph Young

The crypto market and blockchain sector in South Korea is thriving with the involvement of major banks and conglomerates.

2017 |

Why Bitcoin Dropped by Over 10 Percent, Deleting $40 Billion From Crypto Market, Experts Explain

SEP 07, 2018 | by Joseph Young

Four experts speak to Cointelegraph about the 13 percent drop of Bitcoin, evaluating market slump.

64762 | 10

Fifth Largest Crypto Exchange Bithumb to Reopen Account Registrations, Media Report

AUG 29, 2018 | by William Suberg

Bithumb, one of the best-known cryptocurrency exchanges in South Korea, has renewed its agreement with Nonghyup Bank.

4299 |

S. Korea's Top Crypto Exchange Upbit Defies Bear Market, Posts $100 Million Profits in Q3 2018

AUG 24, 2018 | by Marie Huillet

South Korea’s largest crypto exchange, Upbit — ranked 12th largest globally — has posted a $100 million profit in the third quarter of 2018, in spite of the c...

3712 | 6

Kaspersky Lab: North Korea Hacks Cryptocurrency Exchange With ‘First’ macOS Malware

AUG 23, 2018 | by William Suberg

An unnamed crypto exchange became the target of North Korean hackers Lazarus Group through a first-of-its-kind macOS sting.

16926 | 2

South Korean Crypto Exchange Bithumb to Reopen Withdrawals, Deposits for Nine Cryptos

AUG 04, 2018 | by Max Yakubowski

Leading South Korean cryptocurrency exchange Bithumb is set to reopen services for a limited number of coins after a massive hack earlier in June.

29168 | 5

Crypto Exchange Bithumb Reduces Hack Loss Estimation From $31 Mln to $17 Mln

JUN 28, 2018 | by Molly Jane Zuckerman

Bithumb has reported that only $17 million was stolen in this month’s hack, instead of the $31 million previously reported.

11778 |

From Coincheck to Bithumb: 2018’s Largest Security Breaches So Far

JUN 27, 2018 | by Stephen O'Neal

No one’s safe in the crypto world.

10267 |

Crypto Markets Fall Further Amidst Week of FUD From Asian Sector

JUN 23, 2018 | by Molly Jane Zuckerman

The crypto markets are continuing to sink after a week of bad news following the Bithumb hack and Japan’s crypto exchange crackdown.

40236 | 19

Hacked S. Korean Crypto Exchange Bithumb Confirms It Will Reimburse Affected Users

JUN 21, 2018 | by Marie Huillet

South Korean crypto exchange Bithumb has today confirmed it will reimburse users affected by the theft of 35 bln won (about $30 mln) from its hot wallet two day...

14891 |

Bithumb Hack Does Not Change Bitcoin Fundamentals, Says Litecoin Founder Charlie Lee

JUN 21, 2018 | by Helen Partz

Litecoin founder Charlie Lee says that the recent Bithumb hack cannot affect Bitcoin’s fundamentals the same way a bank robbery should not affect the price of g...

20747 | 6

Bithumb – Details Still Sketchy After $30 Mln Hack

JUN 20, 2018 | by Gareth Jenkinson

South Korea’s leading crypto exchange Bithumb halt’s services, moves crypto assets to cold storage following $30 million hack.

13189 | 1

How South Korea’s Largest Exchange Plans to Allow Millions to Use Cryptocurrency

APR 25, 2018 | by Joseph Young

South Korea’s largest cryptocurrency exchange is helping millions of users to use cryptocurrency at restaurants, cafes, clothing stores, and offline shops.

26159 |

South Korean Crypto Exchange Bithumb To Issue Own Token In Singapore

APR 20, 2018 | by Helen Partz

South Korea’s leading crypto exchange Bithumb plans to issue Bithumb Coin in Singapore since the ICOs were banned in Korea by FSC in 2017.

25688 |

BTC Below $7,000 As Crypto Markets See Modest Downward Trend

APR 05, 2018 | by Molly Jane Zuckerman

The crypto markets’ relatively good start to the second quarter this week has turned into marginal declines across the top ten coins on CoinMarketCap.

20068 |

New Report: North Korean Hackers Stole Funds From South Korean Cryptocurrency Exchanges

JAN 21, 2018 | by Joseph Young

US cybersecurity firm Recorded Future has released a new report linking Lazarus, a North Korean hacking group, to various South Korean cryptocurrency exchange h...

188064 | 16

South Korea More Than Doubled Ripple’s Price in Single Week

JAN 02, 2018 | by Joseph Young

The South Korean cryptocurrency market has played a crucial role in bringing RIpple from a market cap of $40 billion to $88 billion.

142715 | 39

Why Bitcoin Dropped by Over 10 Percent, Deleting $40 Billion From Crypto Market, Experts Explain

SEP 07, 2018 | by Joseph Young

Four experts speak to Cointelegraph about the 13 percent drop of Bitcoin, evaluating market slump.

64762 | 10

Korea’s Second Largest Bank Building Secure Crypto Wallet Services

NOV 25, 2017 | by Jon Buck

Shinhan Bank in South Korea to offer cryptocurrency wallets to customers.

58063 | 3

South Korea’s Largest Multi-Billion Dollar Conglomerates Enter The Cryptocurrency Market

MAR 26, 2018 | by Joseph Young

South Korea’s largest multi-billion dollar conglomerates in various sectors are entering the cryptocurrency market by funding up-and-coming exchanges.

43791 |

Crypto Markets Fall Further Amidst Week of FUD From Asian Sector

JUN 23, 2018 | by Molly Jane Zuckerman

The crypto markets are continuing to sink after a week of bad news following the Bithumb hack and Japan’s crypto exchange crackdown.

40236 | 19

South Korea: Five Local Bitcoin Exchanges Fail Security Test, Hacked With ‘Basic Tools’

DEC 21, 2017 | by William Suberg

South Korea’s MBC paid security firm to hack into exchanges in a cybersecurity demonstration. All five exchanges have allegedly failed the test.

39949 | 5

Monero Price Jumps Over 40 Percent on Rumors It Will Soon Debut on Bithumb Exchange

AUG 21, 2017 | by William Suberg

Monero has jumped over 35 percent on rumors it will soon debut on South Korean exchange Bithumb.

36457 | 78

Suddenly, Ethereum Classic Price Explodes 25% on South Korea Rumors

AUG 23, 2017 | by William Suberg

Ethereum Classic has posted its biggest gains in minutes as rumors surface of South Korean involvement.

35908 |

South Korea’s Largest Crypto Exchange Bithumb To Supply Crypto Kiosks To Restaurants

MAR 10, 2018 | by Molly Jane Zuckerman

South Korean-based crypto exchange Bithumb will be providing kiosks to restaurants, allowing customers to pay for food with their crypto holdings.

35237 |

South Korean Crypto Exchange Bithumb to Reopen Withdrawals, Deposits for Nine Cryptos

AUG 04, 2018 | by Max Yakubowski

Leading South Korean cryptocurrency exchange Bithumb is set to reopen services for a limited number of coins after a massive hack earlier in June.

29168 | 5

South Korean Exchange Coinone Adds Litecoin to Its Platform

NOV 07, 2017 | by Lisa Froelings

Major South Korean exchange Coinone has added the fifth biggest digital currency Litecoin to its platform as of early November 2017.

28654 |

How South Korea’s Largest Exchange Plans to Allow Millions to Use Cryptocurrency

APR 25, 2018 | by Joseph Young

South Korea’s largest cryptocurrency exchange is helping millions of users to use cryptocurrency at restaurants, cafes, clothing stores, and offline shops.

26159 |

South Korean Crypto Exchange Bithumb To Issue Own Token In Singapore

APR 20, 2018 | by Helen Partz

South Korea’s leading crypto exchange Bithumb plans to issue Bithumb Coin in Singapore since the ICOs were banned in Korea by FSC in 2017.

25688 |

Guide to Wallets & Exchanges Where You Can Get Your Bitcoin Cash

AUG 01, 2017 | by Andrew Tar

Check the guide to decide where to store your BTC to get BCC.

25682 | 4

Monero Price Jumps Over 40 Percent on Rumors It Will Soon Debut on Bithumb Exchange

AUG 21, 2017 | by William Suberg

Monero has jumped over 35 percent on rumors it will soon debut on South Korean exchange Bithumb.

36457 | 78

South Korea More Than Doubled Ripple’s Price in Single Week

JAN 02, 2018 | by Joseph Young

The South Korean cryptocurrency market has played a crucial role in bringing RIpple from a market cap of $40 billion to $88 billion.

142715 | 39

Crypto Markets Fall Further Amidst Week of FUD From Asian Sector

JUN 23, 2018 | by Molly Jane Zuckerman

The crypto markets are continuing to sink after a week of bad news following the Bithumb hack and Japan’s crypto exchange crackdown.

40236 | 19

New Report: North Korean Hackers Stole Funds From South Korean Cryptocurrency Exchanges

JAN 21, 2018 | by Joseph Young

US cybersecurity firm Recorded Future has released a new report linking Lazarus, a North Korean hacking group, to various South Korean cryptocurrency exchange h...

188064 | 16

Bitcoin Price Leaves $4,000 Behind as Mood Senses Destination $3,400

AUG 22, 2017 | by William Suberg

Bitcoin could head to below $3,500 in the coming days, marking a decline of $900 from last week’s all-time highs.

22280 | 15

Why Bitcoin Dropped by Over 10 Percent, Deleting $40 Billion From Crypto Market, Experts Explain

SEP 07, 2018 | by Joseph Young

Four experts speak to Cointelegraph about the 13 percent drop of Bitcoin, evaluating market slump.

64762 | 10

S. Korea's Top Crypto Exchange Upbit Defies Bear Market, Posts $100 Million Profits in Q3 2018

AUG 24, 2018 | by Marie Huillet

South Korea’s largest crypto exchange, Upbit — ranked 12th largest globally — has posted a $100 million profit in the third quarter of 2018, in spite of the c...

3712 | 6

Bithumb Hack Does Not Change Bitcoin Fundamentals, Says Litecoin Founder Charlie Lee

JUN 21, 2018 | by Helen Partz

Litecoin founder Charlie Lee says that the recent Bithumb hack cannot affect Bitcoin’s fundamentals the same way a bank robbery should not affect the price of g...

20747 | 6

Coinbase Consumers Threatened to Sue Over Bitcoin Cash, Was it Realistic to Begin With?

AUG 07, 2017 | by Joseph Young

Coinbase users threatened to file a lawsuit against the world’s largest Bitcoin wallet platform and exchange if they declined to credit users with Bitcoin Cash....

15670 | 6

South Korea: Five Local Bitcoin Exchanges Fail Security Test, Hacked With ‘Basic Tools’

DEC 21, 2017 | by William Suberg

South Korea’s MBC paid security firm to hack into exchanges in a cybersecurity demonstration. All five exchanges have allegedly failed the test.

39949 | 5

South Korean Crypto Exchange Bithumb to Reopen Withdrawals, Deposits for Nine Cryptos

AUG 04, 2018 | by Max Yakubowski

Leading South Korean cryptocurrency exchange Bithumb is set to reopen services for a limited number of coins after a massive hack earlier in June.

29168 | 5

Guide to Wallets & Exchanges Where You Can Get Your Bitcoin Cash

AUG 01, 2017 | by Andrew Tar

Check the guide to decide where to store your BTC to get BCC.

25682 | 4

Korea’s Second Largest Bank Building Secure Crypto Wallet Services

NOV 25, 2017 | by Jon Buck

Shinhan Bank in South Korea to offer cryptocurrency wallets to customers.

58063 | 3

South Korea's Largest Bitcoin Exchanges Ready For Strict Regulations

DEC 14, 2017 | by Joseph Young

South Korea’s largest Bitcoin and cryptocurrency exchanges Bithumb, Coinone, and Korbit are ready for the imposition of strict regulatory frameworks.

22580 | 3

Kaspersky Lab: North Korea Hacks Cryptocurrency Exchange With ‘First’ macOS Malware

AUG 23, 2018 | by William Suberg

An unnamed crypto exchange became the target of North Korean hackers Lazarus Group through a first-of-its-kind macOS sting.

16926 | 2