News
This one won't just be another instance of CeDeFi, the exchange reassures.
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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.
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The user claimed to have lost a massive amount of money due to Bithumb’s negligence.
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Police raids on the Bithumb offices are apparently not just FUD as more investigation reports come in.
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The plot thickens as Bithumb director’s shares are seized after he had applied for the seizure of the chairman's shares.
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Bithumb has remained quiet despite the second police raid in the course of a week.
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Bithumb legal issues do not stop in South Korea.
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Another exchange in South Korea comes under the police spotlight.
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The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty.
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According to Bithumb, the Ether that paid a $2.5 million transaction fee ended up in its coffers.
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Zimbabwe’s Zimbocash project got closer to its goal of providing a sound-money alternative to the hyperinflation of the local currency.
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Bithumb Global has announced support for up to 5x leverage trading for BTC/USDT and ETH/USDT citing a surge in customer demand.
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Bithumb Global, the international platform of South Korea’s top crypto exchange, has rolled out margin trading with 5x leverage for Bitcoin and Ether trading pairs with Tether.
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Top Korean crypto exchange Bithumb has solicited blockchain forensics firm Chainalysis to monitor for suspicious transactions on its platform.
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Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly develop new services and products.
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Bithumb has taken the South Korean National Tax Service to court over a multi-million dollar tax levy.
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