Reports last week had claimed that Nexon was poised to acquire the exchange at an evaluated price of roughly $460 million.
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 Korean media has reported that Nexon, a multi-billion dollar conglomerate led by CEO Kim Seong-Ju, plans to acquire the country's largest cryptocurrency exchange.8170
“The Woz” makes a big impression in the crypto space as his newly launched token WOZX records 26-fold gains after just five days of trading.27638
Bithumb’s offline support center in Gangnam is closing down due to COVID-19.10360
This one won't just be another instance of CeDeFi, the exchange reassures.12469
The user claimed to have lost a massive amount of money due to Bithumb’s negligence.1935
Police raids on the Bithumb offices are apparently not just FUD as more investigation reports come in.8434
The plot thickens as Bithumb director’s shares are seized after he had applied for the seizure of the chairman's shares.3698
Bithumb has remained quiet despite the second police raid in the course of a week.4734
Bithumb legal issues do not stop in South Korea.5148
Another exchange in South Korea comes under the police spotlight.18192
The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty.2083
According to Bithumb, the Ether that paid a $2.5 million transaction fee ended up in its coffers.6309
Zimbabwe’s Zimbocash project got closer to its goal of providing a sound-money alternative to the hyperinflation of the local currency.5619
Bithumb Global has announced support for up to 5x leverage trading for BTC/USDT and ETH/USDT citing a surge in customer demand.2799