South Korean crypto exchange Bithumb is forming a new committee to oversee its crypto listing process, which will convene monthly to make listing decisions.
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.
- US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme
- Chainalysis Rolls Out Real-Time Threat Detector for 15 Major Cryptos
- Crypto News From the German-Speaking World: Week in Review
- Crypto Custody: Adoption Shortcut or Blockchain Purists’ Nightmare?
- Ethereum Is in a Bear Market, But One Analyst Explains Why He’s Long